Schnauzel
Long

SPX - Starting the ''post'' election move today.

TVC:SPX   S&P 500
While the B wave was more violent than expected, which is often the case with those beast who try very hard to confuse me ;-) , in terms of timing it's well within parameters. To confirm that the C wave is underway : first we have to go back into the 1st wave territory (2115), then go above the falling yellow line which stands around 2123 at the opening today. Over the course of November we should then completely retrace the A wave (2154). This is a minimum target. It also is also a .618 retracement of the 1st wave. But since the 2nd wave has an irregular flat structure, the C wave could go higher (2169-2180), as long as it does not make a new all time high.

Happy trading
Schnauzel
Schnauzel
a month ago
Back in wave 1 territory. Testing the yellow line...
Reply
Schnauzel
a month ago
update
snapshot
Reply
Schnauzel
a month ago
update : time for a pause
snapshot
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out