FX:SPX500   S&P 500 index of US listed shares
4227 19 148
8 months ago
The S&P             was making a correction when most traders thought it's the fall of the century!
on a lower time frame some of my traders , traded the up move in the consolidation.

Trade with care.
Thank you for your support.
8 months ago
Comment: Weekly out look
snapshot
YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: https://www.facebook.com/ProwaveTrader
Training : add to skype mangal457
it seems trending up
+1 Reply
anilmangal TOP puretradelife
8 months ago
let's see
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arielml PRO
8 months ago
can you please help me understand "buy the break out" message ? Thanks
Reply
GoodLuckbabe arielml
8 months ago
start from ABC then you gonna understand the breakout
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Zohaib_Malik arielml
8 months ago
if price close above the trend line it means the trend is break and now it will be in a new trend that is buy trend, Its a monthly chart so wait for the closing is better either to jump between the candle
Reply
anilmangal TOP arielml
8 months ago
By "breaking out" i mean break out of the structure with confirmation of continuation. To help you understand how we do it in my trading room i will have to teach you structures (corrective and impulsive) how to identify them and know when they are completed. I will have to teach you the rules of wave patterns so that you can identify a wave and this will all take about 6 weeks . I will also have to let you practice the method for a while and watch you do it so that I can correct you as you go , that might take a while....so if you still want to know what i mean by breakout let's start, skype me mangal457.
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Csys
8 months ago
Take a look at the picture in the semilog.
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Zohaib_Malik
8 months ago
haha end of the world :D Great chart Anil. Thanks
+1 Reply
anilmangal TOP Zohaib_Malik
8 months ago
LOL you can go back to when it made the first drop and check some charts posted, some even have very LONG explanation as to why it will happen !!
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anexas PRO
8 months ago
Thank you Anil. This perspective helps a lot.
+1 Reply
anilmangal TOP anexas
8 months ago
Thanks
Reply
NHTG PRO
8 months ago
Great analysis, thank you.
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DipenBarot
8 months ago
S&P was different and wave v of c up just started. So we are in the final advance for wave 2 based on this wave count, and one it ends it should end in a reversal and start of wave 3 down.
Reply
French_FX
8 months ago
agree
+1 Reply
Great setup. Big trade even to the downside and then up..Good one! hope we can catch it on the smaller timeframe.
+1 Reply
Magictuzi
8 months ago
People are talking about the next MEGA crash and it's starting
I'm really curious if for the first time in history, so many people will be right of calling the next crash

Please keep us updated on your analyses Anilmangal, much appreciated
+1 Reply
mittleider PRO
8 months ago
everyone said one thing and you said something else
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Magictuzi
8 months ago
So what's next Anilmangal ? :))
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g8tasha
6 months ago
hi Anil,

venturing into Fibs and Elliot wave.

is your theory constructed these 2. for a layman can you please explain your SP500 analysis . Thanks
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