kostismalataras

Lots of signals show correction is coming to an end.

Long
SP:SPX   S&P 500 Index
We just filled the gap at 4363. The correction completed the correction wave pattern froom Elliott wave theory. RSI is low. Textbook reverse head and shoulders forming ( falling volume). In my opinion we are close to the end of this correction, in the coming weeks, if the earnings are strong,the next rally is going to start.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.