leanosamwinga

S&P500 Analysis (Sun 3 May)

Short
OANDA:SPX500USD   S&P 500 Index
The stock index recently completed the five wave sequence I have been talking about for weeks. We even got a nice ending diagonal to end the fifth wave. This is also likely to be the retest of the ascending channel that we broke out of on 21 April. We are looking for possible retraces and a retrace to the fourth wave of the ending diagonal isn't out of question. If we get the drop we could see price reach levels like $2730.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out