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NeverNO
Oct 15, 2022 10:55 PM

S&P 500 Short

US SPX 500OANDA

Description

I see 2 variants for further development.
Here variant 1: weekly
As long as the price stays below 3783.4 there are chances of more lows until the end of October with Target @3287.1.
Strong support is @3233.2.
In this concept it means that we still need to see the black wave 5 to complete the red (C) or 1.
If I am correct October will close below the blue dashed price mark, mathematically @3458.
It would need to turn bullish from below to reach the yearly high of 2023, which is very likely to be around 4674.1.

Comment

Comments
CoinWhiz353
Hey there

We are seeing some reversal on weekly chart, are we still sticking with original plan? or maybe wait for @3287.1 later?
NeverNO
@wudandan233,
I'm very busy and I usually only post the main chart.
I never or very rarely update when I have time.
For such weak support and small number of likes, I don't want to waste too much time on updates.
See update...
adoringDog5055
Amazing work. Thx again for all updates 👍👍💖
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