FX:SPX500   S&P 500 index of US listed shares
7894 29 226
Hi Guys, I remember the last time this starts to correct and everyone freaked out believing it's the top. (check chart pinned ) It seems like a 5 wave up move is about to complete and that means a higher degree correction is coming. I would follow it on lower time frame to see the turn. If you are in the buy, you might want to watch it closely.


Trade with care
Thank you for your support.
Comment: Started to** correct
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Hey Anil, do you see this as a double zig zag up move? (corrective?

your trendlines and fib level look that way to me?

thx
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Agreed, wave 5! Wait for topping pattern
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Nice trade setup, thank you for sharing your view on this pair. I have same idea as well.
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looks much like mine DJIA forecast. u should like it)
I also tried to predict bull and bear markets in time.
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OleksandrSnitko OleksandrSnitko
DJIA forecast
waves are fib related.
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I agreed. Very high probability we are at the 5th wave of the BIG 5th Wave(projection area around 2500 )
Tighten the stop and watching to short.
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Anil, thanks for the view. I'm just curious when did the W4 end? At the beginning of 2016 near 1800?
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As usual, good job!
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yep very soon
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ALUCARDDROL x2ManyPips
@x2ManyPips, this is hilarious

just arrows pointing down.
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