FX:SPX500   S&P 500 index of US listed shares
43 0 0
As long as rising support continues to hold I'm expecting price to move within a relatively smaller range in coming months. Wave 1 should make a nominal new high, though perhaps just testing the all-time high. Wave 2 would revisit support again before price moves up to 2300+. Below support, I still remain bullish in the bigger picture even into the high 1600s with alt (4).
This is no time to add to long positions. In fact, I've substantially cut long exposure as of Monday. Will reload in support and proceed cautiously over the next months. I plan to be 100% long upon completion of the 1-2 pattern, especially if the presumed wave 1 top is taken out after wave 2 support holds.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
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