SP500 possible end of the ((d)) in triangle of 4 => soon down

5 nov 2020

It is possible end of the wave ((d)) of 4. The Fibbo is close to the (a)=(c). Need to see RSX down + 5down-3up confirmation.
Alt. - it is much bigger decline ahead. Meanwhile, Basic and Alt. look the same way down locally.

5 nov 2020

Nota

RSX turned down. Possible top is taking the place.

6 nov 2020

Trade chiuso: obiettivo raggiunto

I do not see impulse down yet. But there is (a)= (c) in ((d)) +RSX is down. That can be the wave ((e)) already.

6 nov 2020

Nota

Sorry RSX is up. For the sake of shape , it is better to see one more high before the wave ((e))

9 nov 2020

Nota

Triangle scenario is invalid. BS now is - in the final stage of the ((i)) (suppose to be after the smaller triangle) Alt - in the late stages of 2 (the old high must hold in this case)

9 nov 2020

Ordine annullato

That appears that we have already made the wave ((ii) and not it is open way to the 3700 now. ALT - that there is wave((b)) of 4

9 nov 2020

Nota

It can be the end of the wave ((iii)) here. Because there is an impulsive decline + RSX1h down. ALT - the end of the whole rise in ((b)) of 4.
It is very important to see the shape of the rise after that small impulsive decline

10 nov 2020

Nota

There is an impulsive decline on 1H. I had to change the Basic scenario. No it is ((i))-((ii))-(i)-(ii) sequence. It is possible that there will be one more leg down at least. But I need to see the shape of the rise first.
Alt - stays the same - down in ((c)) of 4 Flat shape