S&P500 Index Analyze (Similar movements, 11/07/2022)!!!⚖️
We better start this post by reviewing the previous posts I published about the S&P500.
As you can see in the 2 weeks time frame, it seems that the S&P500 index has completed a complete cycle and is in the main corrective waves.👇
As I expected, the first major corrective wave A is forming an Expanding Leading Diagonal.👇
Currently, the S&P500 is moving in microwave 5 of the main wave A and seems to be able to create a movement similar to the one in microwave 3.
S&P500 Index Analyze Timeframe 4H (Log Scale)⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
As you can see in the 2 weeks time frame, it seems that the S&P500 index has completed a complete cycle and is in the main corrective waves.👇
As I expected, the first major corrective wave A is forming an Expanding Leading Diagonal.👇
Currently, the S&P500 is moving in microwave 5 of the main wave A and seems to be able to create a movement similar to the one in microwave 3.
S&P500 Index Analyze Timeframe 4H (Log Scale)⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
