meszaros

The SPX500 correction ends...

Pembelian
OANDA:SPX500USD   Indeks S&P 500
My assumption is that the exchange rate will turn north again from 3062 usd. It can be seen that the amplitude (red square) of the wave sequences generated by the ATR lower endpoints indicated by the PSAR indicator and its associated valleys decreases in half. The rule states that this observation is relevant if the magnitude of the upper ATR endpoints and its corresponding vertices (green square) doubles at the same time. Now this is visible. So the amplitude of the wave sequence is amplified upwards. It follows that the exchange rate may now turn to a "quarter wave amplitude". The target price is around the 3352 usd level. The current level is suitable for taking a long position.

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