SPX500. Possible wave structure: bulls incoming

I believe we have finally seen an impulse up on Monday and a correction to it today. Therefore, expect a Wave 5 to pick up speed and be really strong and powerful from now moving on. Target is at 2510

Commentaire:

ML reached, possible pullback now. Perfect to add longs

Commentaire:

Price has left the fork and now should head into a nesrest sliding parallel. I consider a move to 2435-2440 is possible before a final pull up

Commentaire:

Price trying to find support on any of the sliding parallels. Still possible to reach the Wave 5 target. All longs at breakeven now

Trade fermée manuellement:

Left the fork. I will wait for a further pullback to see if I add longs or just keep away

Commentaire:

Wait until the triangle is broken and jump in!

Commentaire:

A perfect bull trap! Cannot say I got in because I bought low and had an option to close when market got up. But enough is enough...

Commentaire:

And with a Fork on it