Ken0577

Wave 3 target extension from 4401 to 4518 by Aug

Long
OANDA:SPX500USD   S&P 500 Index
Wave 3 target extension from 4401 to 4518 by Aug.

An update on top of previous target 4401 shared:
Since 2nd July uptick switch gear, Day MACD heading north would means 100 to 150 pips up. 4 hours MACD is definitely heading north and stagnant for while for correction before gradually going up again. Hence for 100 to 150 pips next fibonacci resistance target at 4518.2
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.