Can the S&P 500 Go Higher?
On the left:
We have a 5 wave move up and are finishing our ABC correction.
2009-2020 bull run fib retracements in black.
Statistical probability of finding a bottom at specific zone, labeled in blue. We found a bottom on march 23rd in the 60% chance zone.
On the right: Zooming into the correction
The correction appears to be a Elliott Wave regular flat correction.
Elliott Wave Regular Flat Correction: imgur.com/a/muTucVi
I'm a buyer now, @$2,788 and @$2,750
T1: $3,100+
T2: Gap @$3,260 - $3,328
We have a 5 wave move up and are finishing our ABC correction.
2009-2020 bull run fib retracements in black.
Statistical probability of finding a bottom at specific zone, labeled in blue. We found a bottom on march 23rd in the 60% chance zone.
On the right: Zooming into the correction
The correction appears to be a Elliott Wave regular flat correction.
Elliott Wave Regular Flat Correction: imgur.com/a/muTucVi
I'm a buyer now, @$2,788 and @$2,750
T1: $3,100+
T2: Gap @$3,260 - $3,328
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