S&P 500 (SPX) | Best point for sale🎯
Hello traders, S&P 500 in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In the wave count of this index, we are in wave 5 or one of the microwaves of wave 3, and we examined this wave or microwave.
This wave completes its main waves 1, 2 and 3 and is now inside wave 4.
We considered the possibility of the formation of wave 4 from this region according to the Fibonacci range of wave 3 relative to wave 1.
This wave 4 will be deeper than wave 2 and will be medium in time.
The probability of correction to Fibo 0.618 is very high.
In general, to confirm wave 4, we prioritize breaking the trend line.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
In the wave count of this index, we are in wave 5 or one of the microwaves of wave 3, and we examined this wave or microwave.
This wave completes its main waves 1, 2 and 3 and is now inside wave 4.
We considered the possibility of the formation of wave 4 from this region according to the Fibonacci range of wave 3 relative to wave 1.
This wave 4 will be deeper than wave 2 and will be medium in time.
The probability of correction to Fibo 0.618 is very high.
In general, to confirm wave 4, we prioritize breaking the trend line.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
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