Havent seen better setup for a while. With very nice risk to reward ratio.
4000 SPX500 Highly possible - there is huge confluence zone
Is something even worse coming up??? Most of the time these triangles have blown up.
Facebook elliot wave analysis with long-term target 420-440usd
Intel elliot wave analysis with long-term target 82-88 usd
Watching SPX forming a rising wedge for a couple of weeks. Nowadays might be a good possibility to look for a short position. Watch closely reactions on marked areas. As a target, I would look at the confluence zone of 236 fibo retracement with GAP structure that SPX left behind.
Sleeping Beast Might be Ready to be Awoken till the end of the year.
From bottom to top SP500 received almost 95%, optimism could be observed across capital markets including cryptocurrencies. From my point of view, it is possible to observe several signs of potential threats that can be validated over days or even weeks. First of all I would like to point out triple bearish divergence on WEEKLY timeframe . In this case I would...
Given the current situation on the VIX, it is likely that a larger correction will come. especially because VIX is ready to shoot and the first target is around 33b. If you look at GOLD and TLT (treasuries) they found their bottoms, these are other things we should count on. Stay safe :)