FX:SPX500   S&P 500 index of US listed shares
913 9 24
Close to end of Cycle. Les dernières étapes.
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Comment: Still in impulsive structure of wave C in the Cycle (A). Should see the turn down.
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Comment: VIX.
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Comment: Focus on VIX again
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Comment: Still on the way
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Comment: Keep going
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Comment: Target reached
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Comment: It can goes down.
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Comment: It also can be like this. The no trade zone for me.
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Comment: Should see reaction in the inflection zone
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Related Ideas

Blue (5) is ABC? Shouldn't it be 12345?
Reply
Gorbie mmitkevich
It could be any impulsive structures: the zig-zag (ABC) or the ending diagonal (12345). Anyway, should see reaction into inflection zone (above 2195) with a three waves at least.
Reply
I'm a bit confused:

ok, big blue (5) wave is big impulse.
I knew it could be ending triangle 12345.
But ABC zigzag... AFAIK its corrective structure. I know A and C are impulses, but as a whole it is corrective.
Could you please explain where I am wrong? Where could I read about that structure if sow (Prechter or somewhat else?)
Thanks
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Gorbie mmitkevich
Lets talk in the PM chat.
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Merci Beaucoup for the update!!!
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Gorbie ananora23
Je vous en prie, Nora. You're welcome!
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What does the blue box represent .618? Potential buy dip position? Thanks.
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Gorbie ice_holly01
Exact!
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look at that candle

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