holeyprofit

That'd be wave 1 if this was Elliot, I think.

Long
holeyprofit Updated   
SP:SPX   S&P 500 Index
Update to


We've rallied out the possible C low point. I think this is set to roll over short-term but if it does we'd be looking for a very fast correction that fails to break the last low. If we get this, could be a really easy uptrend move next.

Stops under the last leg. Would likely be bloody under there.

Comment:
May go higher.

Limit is 4070 as thing stand but if we get close to 4185 the limit will be 4090.

Stop 4055.
Trade active:
Limits filling long 4095.

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.