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since Feb 18, 2019
chartpattern
trendanalysis
waveanalysis
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US500
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1DShort
I know just about everyone has an opinion on where they think this will go here my thought backed up with Elliot Wave Theory. Just by using Fib extension and Fib retracement could possibly push up into the $290 regen It could be an ABC Corrective structure. We'll wait and see what happens till then I'm on the sidelines waiting for a high probability setup.
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Break of the trendline will be expecting further downside once it retests shaded zone
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I'm expecting a correction wave to the upside on EURUSD over the next week or so waiting for FOMC interest rate decision but expect strong up wave after the news is released
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