SP500 continuation of the bear market or the start of the bull m
Hi guys
Chart from my point of view: Mr. Nobody 😎
SP 500
Friends, there are two possibilities🤔
1. The big corrective pattern has been completed and we have a diagonal of wave 1, and if this is the third wave, it should not enter the territory of wave 1. There is also a possibility that (1.2) and (1.2) will start to grow.
By the way, if the large corrective pattern (Wave B) is broken, the rising market can be confirmed, and after breaking (Wave B), a corrective pattern should be formed to continue the trend, which is transparent and then see the motivation.
2. The corrective pattern continues and a zigzag pattern is currently being completed. Wave A is diagonal and wave B can also become a flat pattern and wave C of a zigzag must be an impulse because only one diagonal is allowed in a zigzag pattern and at least one impulse.
Good luck, if you see a weakness in the analysis, accept my apologies, because experience in market analysis comes first. 😓
Good luck in your transactions, be patient and happy😁
Chart from my point of view: Mr. Nobody 😎
SP 500
Friends, there are two possibilities🤔
1. The big corrective pattern has been completed and we have a diagonal of wave 1, and if this is the third wave, it should not enter the territory of wave 1. There is also a possibility that (1.2) and (1.2) will start to grow.
By the way, if the large corrective pattern (Wave B) is broken, the rising market can be confirmed, and after breaking (Wave B), a corrective pattern should be formed to continue the trend, which is transparent and then see the motivation.
2. The corrective pattern continues and a zigzag pattern is currently being completed. Wave A is diagonal and wave B can also become a flat pattern and wave C of a zigzag must be an impulse because only one diagonal is allowed in a zigzag pattern and at least one impulse.
Good luck, if you see a weakness in the analysis, accept my apologies, because experience in market analysis comes first. 😓
Good luck in your transactions, be patient and happy😁
