ModTrades

SPX - S&P500 reacted perfectly as forecasted :D

Long
ModTrades Mis à jour   
OANDA:SPX500USD   Indice S&P 500
Hello gents,

Today we are analyzing the S&P500 with the Elliott Wave, and we have seen a wonderful bounce on our strongest objective from my May 8th post

That objective correspond to the 113/114.6%
(It was my previous 123-217.2% of my old analysis but after re-analyzing I saw that the 5 blue of the last impulse from the Covid-19 crash must be at the very high of the bullish trend)

But it ain't no worries, the objective was as much as powerful !

Additionally, we have touched the 38.2% (very serious objective) of the entire retracement of the entire impulsive wave from the Covid-19


Therefore, I am still into my last plan where I thought about the WXYXZ that we are into. (Would mean that we are in the X of the WXYXZ)


Otherwise, I have another plan which is the impulsive wave of the Covid-19 is not yet finished and we are entering in the wave 5

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Don't hesitate to comment and check my other plans which are getting validated.


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