InsideMarket

SPX500 - Wave extension before further correction.

Short
FX:SPX500   S&P 500 Index
Regardless of the wave counting, price-action moves up when price is near wave structure (orange arrow). By the time it has broken, it could trigger at least an ABC correction.

If my count is right, we will see a major sell out. And that is my bet!

Happy trading!

___________________________
Interested by this analysis?
Contact me via private message,
email (insidemarketfx@gmail.com)
& Skype (@insidemarket168)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.