S&P500 - Looks like we could go higher here but we first neeed to go above 3050.
Next levels of interest are 3060 and 3080 as termination point of pink wave 5 of orange wave iii.
This view is also encouraged by the FED rate cut coming up in 1hour as lower rates are bullish for stocks.
Bigger picture :
Next levels of interest are 3060 and 3080 as termination point of pink wave 5 of orange wave iii.
This view is also encouraged by the FED rate cut coming up in 1hour as lower rates are bullish for stocks.
Bigger picture :
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Pink wave 5 is in. Now making orange wave 4.Invalidation is now at 3000 for the orange count.
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Don't forget to like, share and follow !
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Questions? Chat or Comment on Ideas
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Thanks !
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.