SPX - 2 day chart - 2 possible paths
3/19/20. 2 day chart.
Drawing out 2 most likely paths. Gold color considers possible higher (B) wave top. White color represents topping of the cycle with larger A-B-C correction.
Drawing out 2 most likely paths. Gold color considers possible higher (B) wave top. White color represents topping of the cycle with larger A-B-C correction.
Trade closed: target reached:
Target reached - SPX has arrived at (B) area. I am out of long positions to watch how it resolves.
Comment:
4/17/20
Closing long positions.
30% move up.
I think 2900 is possible but it's about risk vs reward not picking the top and bottom.
Closing long positions.
30% move up.
I think 2900 is possible but it's about risk vs reward not picking the top and bottom.
Entering Resistance zone _1