TradingView
adambiers
20 Okt 2018 pukul 02.55

SPY larger flat for upside eventually? Bearish for now Penjualan

SPDR S&P 500 ETF TRUSTArca

Deskripsi

I think the overall pattern is bullish, but we will get a few more moves down of selling if my analysis is correct!

Let's see!

Komentar

Komentar

Weekly view, eventually we will get another super cycle correction. Just can't really forecast when at this time.

Komentar

Komentar

broke A wave and reversed. I'll look for a setup to sell over the next week!
Komentar
TradeAlchemy
I totally agree with this wave count, but since this is an expanded flat, there's a possibility C might end up being lower than A. before we head back up.
adambiers
@DWSKTrader, Yessir! Keep in mind of the running flat as well :)
Sasquatch_Trader
Too many stocks correcting from a bump and run formation. This is a 3-month or longer correction. Likely a recession beginning.
adambiers
@trade_dog_21,
the corrections already been happening for 263 days :)
adambiers
adambiers
@trade_dog_21, I can def see the C wave taking 3+ months to complete. I think I have an example.
Lebih lanjut