It makes no sense given the economy, but the chart is saying we could be starting Wave 2 soon with a Huge wave 3 to come.
I'd love to hear everyone else's thoughts. I can't get my mind around a ride up as the economy goes down.
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
I'd love to hear everyone else's thoughts. I can't get my mind around a ride up as the economy goes down.
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Note
Believe it or not, we are following Wave 2, at least for the moment.Note
NDX and SPX came in more of a corrective wave and had me reinterpreting this.Re-Labeling - Seems more like a corrective XYZ secondary than an impulse 1-5 up.
But time will tell.
Note
I've reworked Waves over and Over trying to make sense of SPX & UPRO, and I'm getting closer, but where to now? More correction?Note
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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.