SPX500 Elliott Waves Analysis (midterm Expectations)
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Everything on the chart.
Previous scenario with leading diagonal was invalidated,
I switched to an alternative scenario that we formed wave ii in the form of a flat (3-3-5) and now I am waiting for continuation of growth, with a minimum target of 4300
to confirm the current growth, we must get a five-waves upward impulse
Entry: market and lower
TP: 4300 and 4500
after first target move ur stop in breakeven
SL: ~3600
RR: 1 to 2
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Previous scenario with leading diagonal was invalidated,
I switched to an alternative scenario that we formed wave ii in the form of a flat (3-3-5) and now I am waiting for continuation of growth, with a minimum target of 4300
to confirm the current growth, we must get a five-waves upward impulse
Entry: market and lower
TP: 4300 and 4500
after first target move ur stop in breakeven
SL: ~3600
RR: 1 to 2
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
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🎯Public Channel t.me/Positive_Trading_Public
🎯PRIVATE CHANNEL & ACCOUNT MANAGEMENT services
➡For any question t.me/feel_positive