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$SPX conflicting indicators, manage risk carefully

170
TLDR; indicators wave trend with divergence printing red dot and heading down, obv oscillator with divergences also producing bearish volume divergence are showing that we are in a topping process. RSI is the final indicator which is not giving me bearish divergence yet.
There is a risk for SPX to descend to the 4030 area for wave D in this rising wedge triangle and up for wave E anywhere between 4174 - 4300

Ultimately I believe we are in a larger ABC correction where we had abcde megaphone pattern for Wave A, currently in Wave B (which is a correction of Wave A), what will follow is a very destructive Wave C taking us anywhere between 3490 to 1450 for SPX.

Currently in SHORT from 4153 average with stop loss above 4350

Will add more if we achieve 4174 again and will slowly add in increments on the way to 4300 if we get there.

This week we have the FOMC minutes which can give a scam pump. I wonder how many times 'Disinflation' is mentioned on the report lmao

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