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samitrading
Dec 2, 2021 5:20 PM

SPX'S Estimated time of arrival 2:30 for wave XX & before 4623.3 

S&P 500SP

Description

Wave XX is usually a Zigzag family pattern.
Wave XX is usually less than 70% of Wave Y by price.
Wave XX will usually retrace at least 30% of Wave Y.
Wave XX is most likely to be a 38.2% retracement of Wave Y.
Wave XX is next most likely to be a 50% retracement of Wave Y.
Wave XX is next most likely to be a 61.8% retracement of Wave Y.

Comment

Germany imposes coronavirus lockdown for unvaccinated people !!!

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1H before arrival !

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Arrived as expected, we need to check our Elliott. looks like ABC with C as diagonal we need sometime to validate if this is corrective or impulsive.

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ES Invalidated my count lets see what mkts give us today !
Comments
Mihai_Iacob
very good
samitrading
@OptimoomFX, Thank you.
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