I have been flat on SPX500 in the previous week or two and now I think I see a nice trading opportunity. Having looked at a bigger count I think we are going to ATH.
Elliottwave.com still holds bearish scenario as their base case though offering the alternative bullish count similar to mine (albeit more controversial in my view). Recently I often disagree with gurus of Elliottwave theory about practical nuances of counting waves.
So, the trading opportunity is to wait for a pullback to finish at 2995 and go long. Perhaps the rate cut will be a turning point.
Elliottwave.com still holds bearish scenario as their base case though offering the alternative bullish count similar to mine (albeit more controversial in my view). Recently I often disagree with gurus of Elliottwave theory about practical nuances of counting waves.
So, the trading opportunity is to wait for a pullback to finish at 2995 and go long. Perhaps the rate cut will be a turning point.
Transaction en cours
➡️t.me/charta_energeia — Telegram channel for regular Elliott Wave, level, and trend analysis on Oil, Gas, and Crypto.
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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.
➡️t.me/charta_energeia — Telegram channel for regular Elliott Wave, level, and trend analysis on Oil, Gas, and Crypto.
Publications connexes
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.