FX:SPX500   S&P 500 Index
If symmetrical triangle get confirmed with 4th wave, then we can see the fall of SPX500 to 2460.
Take reference of wave 1 and you have -210 points from 4th wave.
If you put a Fibonacci retracement from february 2016 to the top in January 2018, then you can see 0.618 Fibonacci fall in 2475 aprox.
Then there is two perspectives that talk about a new important drop.
FIRST, we need see the 4th wave complete and the clear formation of Symmetrical Triangle.

You can see spanish explanation here.
hahahaha grow up. If TA works all people are a billionaire.
@isaac312, maybe Now is transforming in Wedge Ascendent Partner... Maybe not... I am losing so much money but I keep my puts options until see what will happen the next week. And may be will buy so much... See me falling to abysm!!! :( :)
isaac312 VladimirMendoza
@VladimirMendoza, sorry mate. I had been in that situation multiple times. Cheer up man. Time will pass no matter what and there will be an opprotunity comes. Just need to see why I was wrong; which is lack of fundamentals global macro and risk amangement. Successful hedge fund managers and traders winning ration is 55-60%. They make it by maximizing the profits and cut losers effectively. All about risk management. Keep that in mind.
isaac312 isaac312
@isaac312, when you are losing. you must reduce exposures. Rule #1 in Goldman
@isaac312, I already close positions... These were puts with target 2500, low cost (3 usd aprox each one). I lost 50% aprox.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out