Friends, in my view, the unstoppable rally in the S&P 500 has finally come to an end. The market has completed a massive five-wave structure with an extended fifth wave — and now we’re witnessing a historic moment as an exceptionally large correction begins.
As always, I’m watching two possible scenarios: the orange path and the purple path. But despite their differences, both point to the same outcome — my target at 5200. And that’s only the first target out of several.
Make sure to follow and subscribe, so you don’t miss the upcoming updates and deeper breakdowns.
This is just my personal market outlook — not financial advice. More updates coming soon.
As always, I’m watching two possible scenarios: the orange path and the purple path. But despite their differences, both point to the same outcome — my target at 5200. And that’s only the first target out of several.
Make sure to follow and subscribe, so you don’t miss the upcoming updates and deeper breakdowns.
This is just my personal market outlook — not financial advice. More updates coming soon.
7+ years in trading. I read the charts like stories and share the ones worth telling
For more: telegram @chart1stry
For more: telegram @chart1stry
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
7+ years in trading. I read the charts like stories and share the ones worth telling
For more: telegram @chart1stry
For more: telegram @chart1stry
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.