WallStScalper

3 drive to a bottom & end of corrective ABCD harmonic

AMEX:UPRO   PROSHARES ULTRAPRO S&P 500
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
agree
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A closer look at the possible 3 drive pattern to end ABCD harmonic
snapshot
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