Ciao Traders !
here my expectation for the S&P
I think it might have another small leg up, possibly...
I am personally short and I will add on my shorts in the next leg up, if any! if the next leg up will be again broken , I will accept the loss..
My target for the down side is as in the picture, and at that level I will go long, (if i see a good set up), hoping for a final wave 5 up to at least the level indicated by the -0,23 Fib
See my other post of the DJI in line with this analysis
See also the other pictures below for more details
Happy trading to all !
Disclaimer:
This is not financial or investment advice
I am not a professional in the financial or investment fields
This analysis is just for entertainment purposes
Do not follow what I do or do it at your own risk