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EXCAVO

SP-500 : We are already in a recession!

Short
S&P 500 Index (OANDA:SPX500USD)  
EXCAVO Updated   
OANDA:SPX500USD   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators S&P 500 (SPX500) SP 500 SPX (S&P 500 Index) us500 US nuclear crisis Contains image
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trendanalysis chartpattern indicator spx500 sp 500 spx us500 us nuclear crisis containsimage
We see a leading expanding diagonal. The target zone of five waves intersects with the support line of the higher timeframe. Wave rules are complied. Further, we expect a rollback towards the resistance line - wave B and a subsequent correction - wave C.

A potential black swan that could happen would most likely be due to Russia's nuclear war blackmail.

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EXCAVO
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