Giv1775

RISK OF HUGE SELL OFF?

Short
CME:SP1!   None
If my count is correct, 2950 area was the end of a third wave (red colour), considering the starting points 1 and 2 in the earl 2009-2010 years. Since the correction of wave 2 (red) was very shallow, we should expect the corrective wave 4 to be wild enough and reach the intermiadiate wave IV (blue colour), which is around 1750 area.
Any comments and critics are welcome.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.