sp500 just ended its B wave and will drop now.
After seeing the large sell off, we can expect sp500 to be very volatile, but after reaching such a high a correction was expected.
with the drop and a retracement back to 0.618 resistance inside and a large triangle formation looks like it has formed. a down breakout following the negative effect of Powell's speech in regard to the market and 3 additional rate hikes just keeps supporting the idea that a negative breakout will happen.
with the drop and a retracement back to 0.618 resistance inside and a large triangle formation looks like it has formed. a down breakout following the negative effect of Powell's speech in regard to the market and 3 additional rate hikes just keeps supporting the idea that a negative breakout will happen.
Nota
expected 48 hour targets.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.