hey guys, here my SPX500 idea for the next days
i see the price forming the correction B on 1D, price should complete a whole wave before to drop forming C
i believe this pair will give buys on B and sells on C
my first tp will be around the green square i marked up where i think x -1 will be completed, then i will go long till 5 which would b complete B
The equity markets in the US have been moving really well through highs like its nobody's business, however as they continuously progress the moves get shorter and the pullbacks non-existent. Recent a 1.5-2 year wedge in formation was broken to the upside which indicates a bull trend continuation. Usually, the pop above the broken resistance will revert at least...
