OANDA:SPX500USD   S&P 500 Index

After another correction of 6%, we reached a 23.6% fibonacci level.
I think we will continue to grow, as I said in previous post


Trade active
Comment: break out
Trade closed: target reached
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Comments

It broke the trendline but I still believe your theory.
I think bull-time from now.
Thanks for your beautiful analysis.
Fake bear just came and gone.:)
Cheers
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Looking at this chart we've two options:

1) rising wave (last rising arrow on the chart) is starting now so the target could be higher then 3010

2) spx is hardly falling down
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im come from China, this chart so so so so amazing
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Similar movement! Great!
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Clearly broke out :-)
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Hello,

Excellent work as usual. Could you please tell me what is the target and how did you calculate that target. I would really appreciate any help on this. I can see 3022 on chart is that the target? and how did you find it? thanks a lot in advance.
Thanks
+1 Reply
Im playing same idea. Its more reasons to go up than down for this moment. Its good to look on de30 ( dax) this index also have room to grow and its corelated.
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Won't that be a head and shoulders?
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It reached the roof of the canal!
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Beautiful move off your level there. This is what we have for the ol' SPY
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