ndau

High volatility ahead

Long
ndau Updated   
OANDA:SPX500USD   S&P 500 Index
Looks like that there will be high volatility from February to September 2020 due to a series of fourth Elliott waves but it appears that S&P will cross the 4000 mark in early 2021 in the fifth wave.

PS: This analysis is just for educational purposes and is not a recommendation to buy or sell. Please do your own research and trade at your own risk.
Comment:
The first fourth wave appears to be in progress. Here's an updated chart.


PS: This analysis is just for educational purposes and is not a recommendation to buy or sell. Please do your own research and trade at your own risk.
Comment:
It appears that the second fourth wave has started. It is likely to go down to 3200-3250 before moving up to complete the fifth of the third wave.
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