TradingView
TradingSurfers
Dec 22, 2021 9:41 AM

4H Bullish Island Reversal in the S&P 500 Index 

TVC:SPX240
S&P 500 IndexTVC

Description

⋅
As expected, we got our bullish island reversal in SPX!

If you don’t know what an island reversal is, check this:
investopedia.com/terms/i/islandreversal.asp

Please like and share if you appreciate this market update.

We are algorithmic traders and certified Elliotticians. We publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but backed by solid Fibonacci architecture that algos use. We also answer all your questions regarding the Elliott Wave Principle!

Cryptos are updated every day of the week and on Saturday, if necessary.
Traditional assets are updated every day of the week.

Elliott wave & Fibonacci labelling:
Common path in white, bullish count in green, bearish count in red.
s3.tradingview.com/snapshots/n/n4fcxlRy.png

Trend AnalysisChart PatternsWave AnalysisSPX (S&P 500 Index)S&P 500 (SPX500)US SPX 500islandreversalBullish PatternsislandCandlestick analysisspx500short
More