ModTrades

SPX - Insight on the S&P500 last move and the INCOMING trend

OANDA:SPX500USD   S&P 500 Index
Hello traders,

The SPX has showed us a beautiful bump on the last objective I made on my previous post.

Nevertheless, it has decided to go and reach lower objectives, and IMO we should go finally hit the 38.2 objectives at the price $4052.

I have more objectives at a lower prices which are

  • The green zone: 4042/4023

  • 50%: 4007

  • 61.8%: 3961

Therefore, after hitting one of those objectives, we will go back in a Bull trend to enter in our C of the ABC

// I show you exactly how I found them with the Fibonacci tools in the screenshots below.

And go check my other ides on SPX where you can understand also better where we at.





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BTW, I am selling a PDF , regrouping all the knowledge I have found on Elliott Waves , from the greatest analysts books, into a clear, simple and explicative way,
Contact me in private, or in comment if you don't have enough reputation point if you are interested

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Don't hesitate to comment and check my other ideas

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