Hello traders, these are my 2 Elliot wave counts for SPX, one bearish the other bullish. Both are still in play. I think its very important to stay opened minded.
Ill be honest both scenarios make since to me. I can see the bullish scenario to create a massive short squeeze, on the other hand we are still in a bear market with earning starting to roll out. Just keep both scenarios in mind on what the possibilities could be
Ill be honest both scenarios make since to me. I can see the bullish scenario to create a massive short squeeze, on the other hand we are still in a bear market with earning starting to roll out. Just keep both scenarios in mind on what the possibilities could be
Comment:
keep your head on a swivel this week... do not stay locked in... be able to reverse your trade... do what the chart is telling you... at the momment no need to be overly bearish