mikeoakster
Short

Has "the crash" just started?

INDEX:SPX   S&P 500 Index
Hello, traders!

It looks to me as things are getting seriously ugly. This could be the beginning of wave E of an expanding triangle that may have started on the dot.com crash back in 2000. If so, wave E would be tremendous, taking S&P 500             below 666,79...

Just one more idea, 2134 corresponds to the 360º level (maximum for the positive side) of Gann Square of Nine applied on 666,79 (end of the supposed triangle's wave C). Applying the same tool now on 2134, the -360º level results in 1.735, which who knows could be the end of wave 5 of the motive wave plotted on the chart, which could then be the end of wave A of W of E.
666,79... hmmm
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out