SPX Extended V Bottom?
SPX prob. in a "Extended V Bottom", where the following wave c (grey) equals wave a (grey), just to finish larger wave b (red).
Target 1: for b (red)= 2800,
Target 2: for b (red)= 2900 (Flat-pattern)
Keep in mind, that the daily volume, so far, does not follow the trend! There is yet another downswing to come...
Target 1: for b (red)= 2800,
Target 2: for b (red)= 2900 (Flat-pattern)
Keep in mind, that the daily volume, so far, does not follow the trend! There is yet another downswing to come...
註釋
Same pattern as DJI, btw...註釋
IMPORTANT NOTE for the magenta ABC counts in wave a (grey): This could also be an impulse wave (most probably in NASDAQ)!BTW, the angle of the "extension" of the V Bottom equals 30 degrees...
註釋
15min chart: "Descending Triangle"?註釋
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