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TAS_is_Goliath_Capital_Growth

S&P 500 adjusted triangle

Long
Indice S&P 500 (FX:SPX500)  
TAS_is_Goliath_Capital_Growth Aggiornato   
FX:SPX500   Indice S&P 500
22
7
SETUP - Value is still in a triangle compressing. It may have still one more week compressing and breakout may only be in 2017 start. Keep an eye on the triangle just in case it breaks first
Commento:
following the lines. Wave IV is below, though that massive hammer suggests there may not be more down move. Be patient with this one.
Commento:
Softer retracement, moving up as expected

Idee correlate

TAS_is_Goliath_Capital_Growth
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S&P 500 to continue up to 2350
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S&P 500 end of year profit taking
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S&P 500 going up, retracement may be comming
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S&P 500 expecting it to bounce at the last support Line
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S&P 500 a retracement is needed to enter
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