meszaros

The SPX500USD fractal shows no panic...

OANDA:SPX500USD   S&P 500 Index
The fractal analysis in the current weekly timeline shows only one corrective motion. Its size is larger, as a 2X fractal appears to be formed. In this case, we can expect another significant increase. Since fractal signals and the trading fundamentals are completely opposite, I will return to looking for a long position after a few days of ascent.

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