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ndau
Jan 18, 2020 12:43 AM

High volatility ahead Long

US SPX 500OANDA

Description

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.
Comments
isatikx241
lol
mikeyidh1
No way it’s going to keep going up , it’s time for a pull back
hungry_hippo
If you look at SPY options, puts have a higher premium right now.....
existentialisttrader
@hungry_hippo, can you elaborate this?
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