Diupdate

S&P 500- In the target box

385
Hello traders!
As per previous posts, we believe the SP500 to be in a primary wave (B) to the upside correcting the donwtrend from January's 2022 top.
Here is the count on the daily time frame:
cuplikan
Price action shows this primary wave (B) unfolding as a double zig-zag. The structure of the last decline from 4194 seems a 3-3-5 that would complete wave B of the last zig-zag, thus providing a setup for trading the last leg up of primary (B) to 4300+.
From a pattern perspective, we can see the bearish wolfe wave target at the main downtrendline in blue.
Will search from long setups lower in the green target box and will update below.
Happy trading!
GMR
Trade aktif
cuplikan
giving a first try, vix reached its target.
Entry @3998.1
Trade aktif
cuplikan
stop loss on entry.
Monitoring the possibility of a descending broadening wedge.
Trade aktif
cuplikan
still in from @3998.1
Trading ditutup secara manual
Kicked out at entry. Now observing
Catatan
cuplikan
Targets of Adam and Eve top and Inverse Cup and Handle are at the bottom of target box
Trade aktif
cuplikan
restriked @3984.1
Trade aktif
stop loss on entry. A short term lower low still possible
Trading ditutup secara manual
cuplikan megaphone, aiming for a lower low.
Closing at 4010.1 with a gain of 0.7%.
Trade aktif
cuplikan
micro count in chart. Green zone has the target for this wave B. A breach of the green zone will increase the probability of a reversal
Trade aktif
cuplikan
still long from our greenzone 3950.2@ with stop loss on entry
Trade aktif
cuplikan
kicked out at entry. restriked @3947.4
Trade aktif
cuplikan
added 3927.1 avg entry @ 3937.2
stop loss 3918 risk 0.7%
Trade aktif
cuplikan
stop loss on entry
Trade aktif
cuplikan targets above 4300
Trading ditutup secara manual
Closed at @4040.2 Profit 3.1%
Catatan
cuplikan
Staying flat now.. will update in next post

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.