Last week I expected a more pronounced correction (wave b) that never materialised, so I did not do any trading in SP500.
This week I expect the market to form a local top by either doing an expanding diagonal (blue) or by tracing an impulse wave (black labels (4)(5)).
This week I expect the market to form a local top by either doing an expanding diagonal (blue) or by tracing an impulse wave (black labels (4)(5)).
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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.