S&P 500 Wave 4 Double-Three Correction
Diupdate
- Double three is a sideways combination of two corrective patterns.
- Three types of corrections: zigzag, flat, and triangle.
- Combine two corrective patterns = Double Three.
- Wave B = 4333
- Final Zigzag Wave C = 123.6% of wave A = Wick right below, to 3553.
- News outlets will be screaming recession; the bottom signal!
- Estimated time of bottom: August
- Melt-up {wave 5} commences after correction ("crash") concludes.
- Invalidation if the monthly candle closes above the Bull Market trendline (Bolded Yellow).
https://elliottwave-forecast.com/wp-content/uploads/2017/01/double-three.jpg
- Three types of corrections: zigzag, flat, and triangle.
- Combine two corrective patterns = Double Three.
- Wave B = 4333
- Final Zigzag Wave C = 123.6% of wave A = Wick right below, to 3553.
- News outlets will be screaming recession; the bottom signal!
- Estimated time of bottom: August
- Melt-up {wave 5} commences after correction ("crash") concludes.
- Invalidation if the monthly candle closes above the Bull Market trendline (Bolded Yellow).
https://elliottwave-forecast.com/wp-content/uploads/2017/01/double-three.jpg
Catatan
Extended correction, not recession. Correct
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.