WallStScalper

3 drive to a bottom & end of corrective ABCD harmonic

AMEX:UPRO   PROSHARES ULTRAPRO S&P 500
116 2 2
Looks like Fed is setting the market up for a pop on there announcement later today at 2 o'clock.

Market would then have made a perfect ABCD correction (yellow lines) at the 1.272 fib and looks like a 3 drive to a bottom at the same time (green lines). We would at the same time have seen a gap close
Fisher looks also ready for a bounce making a possible divergens

That would set the market up for a 5th and final wave up.

Time will tell

Safe trading !
@BLawrenceM
Wall St Scalper
A closer look at the possible 3 drive pattern to end ABCD harmonic
snapshot
Reply
traderCarl
2 years ago
agree
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out