S&P 500 still in a large correction

FX:SPX500   S&P 500 Index
264 2 14
S&P 500             still in a large correction. Looks to be starting wave 3 of C of 4
Comment: There may still be some down move to go after wave 4 correction

First of all, I'm quite new in trading..

I don't really know what a correction is, but we all can see a big support in 2110, what makes you think that is going to brake it?

Thank you so much,
+1 Reply
TAS tovallmoli
Hi. Each trader has his/her strategy. I only consider horizontal levels sometimes. If you are new to trading, don't think of levels as walls. They are difficult areas but price can go through them.
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