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TDM_FX
Feb 12, 2021 9:25 PM

S&P 500 - Down Turn Incoming Short

S&P 500SP

Description

Price action has been following the structure path from Dec 2018 - March 2020 up to this point. As an ending diagonal forms on a macro level right at the point where the March 2020 crash took place, price action is pointing to a historical repeat.

Be cautious heading into next week. I anticipate heavy market volatility following the US Bank Holiday.

Comments
wolffarchitecture
Monitor AUDJPY. which will be open during the holiday and its movements are closely correlated to US-Markets. Its Elliott structure is looking to begin a correction
Petrichor_
This is pretty incredible. The only time they are out of sync is for 2-3 weeks in June. Amazing. Thank you for posting this.
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