FX:SPX500   S&P 500 index of US listed shares
4980 13 221
The S&P 500             is in in up trend. I believe we will see a couple months of correction before the next up move.
I know some of you are already asking what would FUNDAMENTALLY have to happen for that .
Well we will never know !! But the structure is already showing us the possible up move. I will be following this on lower time frame to see how the corrective structure develops . We will watch for a corrective structure to complete before the next up move . If the first fall is the A wave then we will see another low for the C wave.

Follow me for more updates on lower time frames.

your comment is welcome . Like if you agree.

I posted the webinar I did Friday on Aussie Pairs. If you didn't get it skype me for it : mangal457.
Comment: They know it now, the structure was showing it all the time.

Comment: The Power of WAVE ANALYSIS !! When all the FUNDAMENTALIST thought it going to hell ,wave analysis says , consolidation for 6-10 months then UP!!!
YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: https://www.facebook.com/ProwaveTrader
Training : add to skype mangal457
T'y for all a il ;)
+1 Reply
Clear and simple..! But i think that we shouldn't just wait for price to test that long term support trendline.. There are still short opporunities as price has a lot of room to that level.. Just like this one..
more correction to come?
+1 Reply
good to sell, following your rules, Anil
+1 Reply
anilmangal TOP puretradelife
My rules? do you know my rules?
+3 Reply
I'm in the class, do you know? Just updated my Avatar.
anilmangal TOP puretradelife
ok but we don't talk about our rules here!
+5 Reply
I never told what they are.
+1 Reply
leemmoo88 puretradelife
+2 Reply
The course class of Anil is exceptional, I learned a lot from him.
+3 Reply
Excellent put them gurus to sleep
wow! great forecast! what about ger30 / dax ? thanks.
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out