S&P500 4h The large red box located in the middle of the screen contains an Elliott Wave. An Elliott Wave is a price pattern that consists of a rise, fall, and additional rise of price in the market. Earlier this week I called a trade, which was actually the fall of said Elliott Wave.
Now that price has reached a higher higher after creating two similar bullish runs in the market(A and B), we can expect to see high volume at the 3970 for the S&P500. Tomorrow being Friday, I won’t be surprised if we see a new high going into next week.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.