SP500 completed cycle wave 5 (of supercycle wave 5) and initiates its long travel down with a target after completing wave primary wave A with a 50% correction. We are now tracing minor wave 3 of intermediate wave 3, this path should gain momentum ahead.
Comment:
SP 500 continues in its trajectory downwards
Comment:
still tracing wave 3 down
Trade closed: target reached:
12% of gains achieved up to March
Comment:
in 6 days up to March 23