FlokiCrypto

SPX500 - Just finishing its WXY... slowly.

FX:SPX500   S&P 500 Index
The waves are just beautiful even in this correction. Impulses and corrections are clear.

I have relatively high confidence we'll be heading into the last portion of this double ZigZag after a slight upwards correction to kiss the Trendline and/or the golden pocket of the last structure.

We're seeing considerable volume in this Y Wave. I'm hoping that will lead to a wick down to end it and a quick and heavy bounce of the support I'm seeing around 32xx.

No signals printed on the FSS Screener is probably normal at this point. But I'd expect to see a few printing as we bounce off that trend line.

Visit the Valhalla TA and Trading Discord for upcoming learning opportunities!: discord.gg/Cf6BYuFVkN
Follow me on Twitter: twitter.com/FlokiCrypto
Video learning on Youtube: www.youtube.com/c/flokicrypto
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.