Hi guys
Today market behavior might be so surprising because we are in a decisive juncture of most of trends (Gold, BTC, OIL, EUR, DXY and...). In this case I need to emphasize SPX chart as a leader to decide about next weeks and months of the markets.
Impulse primary counting is popular amongst elliotticians (Red Primary Counting) but an Ending Diagonal is an alternative that has occupied my mind.
I liked to share it with you.
Be safe
Today market behavior might be so surprising because we are in a decisive juncture of most of trends (Gold, BTC, OIL, EUR, DXY and...). In this case I need to emphasize SPX chart as a leader to decide about next weeks and months of the markets.
Impulse primary counting is popular amongst elliotticians (Red Primary Counting) but an Ending Diagonal is an alternative that has occupied my mind.
I liked to share it with you.
Be safe
AMA
For SPX I am pretty (99 %) sure that we will have a long time rally and there are only 2 alternatives for this chart.
I will publish a new update for this chart today.