SPX daily , a wild guess to predict the future, and a try to wave-count.... I'm no expert, but one has to try once and a while.
Perhaps the "repo-injection" (FED), still works some more days, into early in february ?? Who knows when this don't work so good more ?
China-virus (SAR ?) is well known now, and will develop w more deaths every day, + perhaps air-traffic will get some hurt, + other restrictions... special in China - Asia around.
I belive spx will have to correct some soon... into that blue wave IV (4) down... we'll see. Wait for more confirmation....
Perhaps the "repo-injection" (FED), still works some more days, into early in february ?? Who knows when this don't work so good more ?
China-virus (SAR ?) is well known now, and will develop w more deaths every day, + perhaps air-traffic will get some hurt, + other restrictions... special in China - Asia around.
I belive spx will have to correct some soon... into that blue wave IV (4) down... we'll see. Wait for more confirmation....
Note
look at this similar and exact wave-pattern, to this wave 3 - 4 ... we now should have leg up >> leg 5 in (5) biggee 5 and III... if I'm correct in my wave-counting. Bull dvg in 4h now, if this 3280-level holds.
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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.