meszaros

SPX500 steep ascent.

Long
meszaros Updated   
OANDA:SPX500USD   S&P 500 Index
SPX500 steep ascent. The SPX500 is currently building an accumulation area. Upon completion, an accelerating, steep ascending wave sequence may follow. The width of the accumulation area will be between 3754-3894usd. Then I expect an accelerating rising wave. This is called the finishing wave in fractal theory. In fact, it can be seen from the analysis that a "pair" of symmetric starting wave sequences can be built on the wave axis. If the idea is correct, the target price of the rising wave sequence is 4537usd
Trade closed: target reached

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