FX:SPX500   S&P 500 index of US listed shares
7877 29 225
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
YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: https://www.facebook.com/ProwaveTrader
Training : add to skype mangal457
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
Reply
Agreed, wave 5! Wait for topping pattern
Reply
Nice trade setup, thank you for sharing your view on this pair. I have same idea as well.
SPX 500 SHORT BREAK AND RETEST TRADE SETUP
Reply
looks much like mine DJIA forecast. u should like it)
I also tried to predict bull and bear markets in time.
Reply
OleksandrSnitko OleksandrSnitko
DJIA forecast
waves are fib related.
DJIA long term [2017 - 2022] forecast (wave analysis)
Reply
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.
Reply
Anil, thanks for the view. I'm just curious when did the W4 end? At the beginning of 2016 near 1800?
Reply
As usual, good job!
Reply
Market Bubble (HUGE correction soon)
yep very soon
Reply
ALUCARDDROL x2ManyPips
@x2ManyPips, this is hilarious

just arrows pointing down.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out