Can the S&P 500 Go Higher?

SPCFD:SPX   S&P 500 Index
On the left:
We have a 5 wave move up and are finishing our ABC correction.
2009-2020 bull run fib retracements in black.
Statistical probability of finding a bottom at specific zone, labeled in blue. We found a bottom on march 23rd in the 60% chance zone.

On the right: Zooming into the correction
The correction appears to be a Elliott Wave regular flat correction .

Elliott Wave Regular Flat Correction: https://imgur.com/a/muTucVi

I'm a buyer now, @$2,788 and @$2,750

T1: $3,100+
T2: Gap @$3,260 - $3,328


yeah I believe we are heading higher. Last time we dropped, everyone was so euphoric nobody talked about correction. These systems work opposite of our emotions, especially fear or we'd be buying and selling at the same time.
+1 Reply
ll21LAMBOS21 cyberluck
@cyberluck, Yeah all I hear nowadays is "raising more cash", "retest of lows", "economy terrible", "spike in corona cases if we open". Seems like the pain trade is up.
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out