The S&P500 has reached its rebound B wave target area near 4400. We are now expecting a drop towards the line linking the lows since 2008, near the 3100/3000 area. RSI-14 is also at resistance. A break above 4620 would invalidate this bearish view.
We are ready to moon towards the upside , the 3 wave strucuture looks like abc which will occur in the 4 th wave on elliott wave stratergy !
I would provide here some Options for the Nasdaq in the next few Weeks. I think the picture speeks for itself.
The truncation of the 5th wave of Elliott has been confirmed, signal of the interruption of the main trend. The price after going through the main dowtrend and various comeback attempts today and as expected has plummeted . The truncation and the exit from the main trend are very strong indications and in fact bitcoin is preparing for the passage of the ...