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yuchaosng
Mar 6, 2024 9:33 AM

SPX Short: Update to wave count and entry points Short

S&P 500SP

Description

This is an update to my previous analysis where I mentioned that I am expecting an ending diagonal. Based on the low set yesterday, I am expecting 2 different entry points for shorts:
1. If price hits the upper trendline around 6th Mar (Wed) close or 7th Mar (Thurs) opening.
2. If price falls below 5056.

I also mentioned the inte-market analysis using the 10 Year bond yield where I expect the yield to crash.

Comment

*inter-market
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