Dax still in a correction of a wave 4 but can still hit 13300 - 13400 before the next big drop.
A drop between 12300 - 11180 ( square root lvls ) to end wave 4 end of october
After US election dax can rally to ATH direction 15k.
Cycles on chart.
Square root lvls on chart.
SPX top 3400
Cycle = 3400/100 = around 34 days
So a new top from june 8 ,34 days later around july 14
For now, a break of 3000 can bring spx further down to 2900 in the next 2 weeks.Another low can be seen in august.
SPY final destination around 2500 around july 30,
but first things first.
1 Double gap around 3100 should close, for
those who arent short, another opportunity
around the 3090 lvl to short
2 At least a drop to 2500 in 3 or 5 waves.
3 SnP will reach a ATH around 3600 befor US election.
Projecting time and price using square root
*The drop from 19feb - 19mar 13800 to 8200 is drawn in Block A
*If you turn Block A on its side ,you have the same Block B and gives you the time from 19mar - 11may and cycle for the next point between 11180(sprt lvl) and 11500 where we can expect a new drop to at least previous sqrt lvl 10150 - 9200
*The time cycle...