Part 10 - Risk-off August - SPXUSD 4H
Diupdate
SNP500 – Resistance & Support:
Resistance: 2835.00 / 2875.00 / 2920.00
Support: 2785.00 / 2700.00 / 2600.00 / / 2500.00 / 2475.00
SNP500 – Summary:
Expected to complete Intermediate B (red) correction at or around the 2835.00 Levels.
Impulsive Bearish Wave expected to start at or around the 2835.00 Levels.
If an overshoot and a Bullish Swing would occur, then a strong resistance could reflect the 2875.00 Levels.
In case of an imminent spike in volatility and a massive sell-off to occur, then SNP500 could pose sharp losses even until the 2500.00 levels.
Resistance: 2835.00 / 2875.00 / 2920.00
Support: 2785.00 / 2700.00 / 2600.00 / / 2500.00 / 2475.00
SNP500 – Summary:
Expected to complete Intermediate B (red) correction at or around the 2835.00 Levels.
Impulsive Bearish Wave expected to start at or around the 2835.00 Levels.
If an overshoot and a Bullish Swing would occur, then a strong resistance could reflect the 2875.00 Levels.
In case of an imminent spike in volatility and a massive sell-off to occur, then SNP500 could pose sharp losses even until the 2500.00 levels.
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coming fast and full of terrorCatatan
Epic sell-off, as per the forecast:
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