SPX may fall into the London open to comple ABC correction and rally during European and US sessions. The longer-term count is significantly revised. It is much easier to label everything with WYX than try to fit normal impulse waves. Usually, the simplest answer is the correct one. The conclusion is that wxy is much more difficult to trade hence sp500 remains largely untradable for me. Will revisit it at London's open.
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Seems like wave C has been completed already and we are in A on the way up.➡️t.me/charta_energeia — Telegram channel for regular Elliott Wave, level, and trend analysis on Oil, Gas, and Crypto.
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➡️t.me/charta_energeia — Telegram channel for regular Elliott Wave, level, and trend analysis on Oil, Gas, and Crypto.
Related publications
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.