A clear case of terminal pattern (EXTRACTING TRIANGLE) formed in S&P500 INDEX.
Weekly Neo wave price chart is very easy to understand ,and it may look like text book pattern.
Bigger Trends will consume more time and consolidation before Next trend change.
5 waves (ABCDE) completed with a negative bias , a retest of neckline is inevitable before next trend or change in trend
Weekly Neo wave price chart is very easy to understand ,and it may look like text book pattern.
Bigger Trends will consume more time and consolidation before Next trend change.
5 waves (ABCDE) completed with a negative bias , a retest of neckline is inevitable before next trend or change in trend
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.