Chadison-Brosevelt

Short term direction for SP500

OANDA:SPX500USD   S&P 500 Index
NOT TAKING POSITION JUST YET. Propelled by US China trade talks taking place this Friday, equities are beginning to turn upwards... Through Elliot Wave the near term target should be around 2985 (wave C equal to wave A)... Around this price I will reevaluate the current climate and attempt to map out a forecast...
Comment:
Recognized possible channel... MAY take short at red line...
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.