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kshitij_libra

SPX - Short term picture.

Short
S&P 500 Index (TVC:SPX)  
kshitij_libra Updated   
TVC:SPX   S&P 500 Index
Trend Analysis Chart Patterns Wave Analysis
1
0
trendanalysis chartpattern waveanalysis
A W4 -> then W5, to complete the picture + reach the upper resistance by 22 Nov - before eventual W3 down
Comment:
Followed our W4 exactly so far.
Will we see a leg higher for W5? or is W5 already over in the last short peak?

I will take a half short position today. And wait for Monday to take the remaining.
Comment:
The W4 was a bit more extended and we seem to be working towards our W-5 target.
Comment:
W-5: Seems to have been completed.
Trade closed: target reached:
Successful close

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