TimeWaveTrading

SP&500 update (2nd scenario)

OANDA:SPX500USD   S&P 500 Index
This scenario is a case where monthly corrections occur in combination. Therefore, it will decline until it reaches the monthly demand zone, and it is a pattern that rebounds from the monthly demand zone to complete the rest of the correction wave. If so, we expect 1Q next year to rise. If you believe this pattern, look for buying opportunities when the bottom hits early next year.

good luck.
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