TAS_is_Goliath_Capital_Growth

S&P 500 adjusted triangle

Long
FX:SPX500   S&P 500 Index
22
SETUP - Value is still in a triangle compressing. It may have still one more week compressing and breakout may only be in 2017 start. Keep an eye on the triangle just in case it breaks first
Comment:
following the lines. Wave IV is below, though that massive hammer suggests there may not be more down move. Be patient with this one.
Comment:
Softer retracement, moving up as expected

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.