Sintar123

A Primer on Triangles

OANDA:SPX500USD   S&P 500 Index
Don't look for a big crash on this next correction. We are in an expanding triangle. If you studied EW, you know triangles are in 3s. So far after bouncing from March low we made a 5 wave move, now we make a correction then we will make another 5 wave impulse. The major top is not in but we will have a decent size 15-25% correction.
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