liquidcactus

wave 4 expanding triangle in the S&P 500

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OANDA:SPX500USD   S&P 500指數
Here's a count I've been tracking for a while on the S&P500.

What is interesting is the Fibonacci confluence around 3585:
  • .618 extension of minor W / Y
  • 2.618 extension of minute w / y
  • 1.276 extension of minuette a / c

In conjunction with the top of the expanding triangle, and trend channel.

Will we get a pullback to 2700 and then a pump to 4000 over the next couple of years?

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