Structure is everything, right?

SP:SPX   S&P 500 Index
Hello, traders.

Current rally since Feb 11 seems to me like this:
- Micro wave W: triple zig-zag .
- Micro wave X: zig-zag .
- Micro wave Y: zig-zag .

The internal structure of Micro wave Y appears to me as being finished, having:
- Submicro wave C (not visible on the chart) reached almost the size of Submicro wave A.
- Micro wave Y reached almost 61,8% of Micro wave W.

Those two "almost" make me wonder if perhaps I'm missing some previous 1-2 sequence that could lead to one more push to the upside to reach those targets, which doesn't have to happen.

So let's see if Subminuette wave x is actually underway, who knows retracing around 61,8% of Subminuette wave w and closing the gap.

Of course I can be making several mistakes, and if that's the case, sorry for the noise...
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out