SPX500-The stock market is crushing as expected. What's next?
Hello, i don't trade stocks but five months ago i published a chart talking about the inminent crush of SPX500:
Three months ago i called it "the D-day":
I took some more time, las week the stock market crushed and many invertors are in panic.
I'm not a Wall Street analyst and dont like to talk much. This chart is telling me that this is just a needed correction before market continues rallying.
My prefered area for a rebound is the opposite bollinger band and projected EW channel for wave 4 circled.
The correction seems to be forming an ABC zigzag, so i will be sharp and quick.
Best regards.
Three months ago i called it "the D-day":
I took some more time, las week the stock market crushed and many invertors are in panic.
I'm not a Wall Street analyst and dont like to talk much. This chart is telling me that this is just a needed correction before market continues rallying.
My prefered area for a rebound is the opposite bollinger band and projected EW channel for wave 4 circled.
The correction seems to be forming an ABC zigzag, so i will be sharp and quick.
Best regards.