We could be in the last wave up to complete the wave Y of double three WXY. Former top is the target. Price broke out of the wave 4 correction and is heading higher now.
This structure under the trend line looks like a correction, also there is a low possibility for crawling up before the big move down
Triangle forming, enter above (or below for short). Use SL/TP
Price has broken out of consolidation after forming a double top and bouncing off the 200EMA. Waiting for a close below the 8 and 50EMA to lead the path further down for the asset to retest its previous lows.
While 3030/50 Caps expect 2960/40 test
TVC:SPX Watch for breakout as Risk is there
Stochastic 'W' Time segmented volume pump and dump, and VWAP-- all similar to previous market correction. Very good time to hedge your positions.
*Please support this idea with a LIKE if it helps you. Thanks! More details about me in my signature. Bearish Swings - Patterns: Flat Formation in Cycle Wave (IV) (green) Primary A (red) - Simple ABC Swing Primary B (red) - Complex Triple Three Primary C (red) - Bearish Extension Bullish Swings - Patterns: Leading Diagonal in Primary 1 (pink) Intermediate (1)...
It seems that its time to short ;) It's Not a financial advice
If you like this idea, please support it with a like. Thank you. SPX500 labeled in a Leading Diagonal within Intermediate (1) (blue), with a bearish sequence expected to start unfolding. Diagonal can still perform one more leg on the up-side, however, a breach of the lower trend-line (blue) would invalidate that scenario.
wait for bullish confirmation too long. if breaks to downside, wait for bounce for better buy/long entry.
* If you like this free video and the idea itself, please remember to support me with a like or share, so I can produce more frequent contents such as this one. Thank you! * Related ideas show how I was able to call the BIG drops in 2018. Analysis Summary: Scenario 1: Leading Diagonal in Minor ABC (blue), part of a larger degree Ending Diagonal in the next...
* If you like this free video and the idea itself, please remember to support me with a like or share, so I can produce more frequent contents such as this one. Thank you! * Related ideas show how I was able to call the BIG drops in 2018. Analysis Summary: Scenario 1: Leading Diagonal in Minor ABC (blue), part of a larger degree Ending Diagonal in the...
Recent action suggests the bulls are still in control. I like buying dips here, ideally between the 2800 and 2790 levels
SPX - Short Trade Type - Aggressive Entry - Market Entry (approx. 2815.00) SL @ 2863.00 TP @ 2750.00 / 2640.00 / 2600.00 / 2525.00 Many pips ahead!