SPX500 an additional 2.78% increase..

OANDA:SPX500USD   S&P 500 Index
SPX500 an additional 2.78% increase. Rarely see double fractal movements in the exchange rates. Now that's what's happening. The current movement is a double wave structure fractal . The second wave structure is being built. Target price 2928 usd


This powerful bull trend may not simply collapse as a lot of people expect. I suspect that the missing $21 Trillion is being used to strategically pump this market. Whilst I want to be bearish on this market the reality of the power of the trend, suggests still more bullish upside (in probability estimate). For every probability estimate in my head, there is an opposite residual probability in the opposite direction. That means, I also wouldn't be surprised if it suddenly collapses.
meszaros Captain_Walker
Thank you for your comment. I agree with you. The danger of collapse is over our head. Technically it could still be explained. If such a scenario develops, a 30% reduction is possible. The coming months will be exciting.
+1 Reply
@meszaros, If the next bearish daily candle is very large, this could mean big trouble ahead. But I don't think the bulls are gonna give up the fight easily, this time around.

meszaros Captain_Walker
@Captain_Walker, This is a very good statement. Thanks. I will pay attention.
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