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S&P 500 Short: Potential Ultimate Peak on 23rd May 2024

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Indeks S&P 500 (OANDA:SPX500USD)  
yuchaosng  
OANDA:SPX500USD   Indeks S&P 500
Fibonacci Elliott Wave Oscillators
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fibonacci elliottwaves oscillator
Previous analysis on 20th March 2024 (linked) would have worked but with more downside than expected (~50 points).

Currently, we have a potential ultimate peak in S&P500 on 23rd May 2024.

Take note that this idea will be invalidated with a new high and that could mean much higher prices for S&P. However, as traders, we are concerned with risk-reward and not with being right.

Good Luck!

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yuchaosng
S&P500: Prepare to short
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