S&P 500- In the target box

تم تحديثه
Hello traders!
As per previous posts, we believe the SP500 to be in a primary wave (B) to the upside correcting the donwtrend from January's 2022 top.
Here is the count on the daily time frame:
لقطة
Price action shows this primary wave (B) unfolding as a double zig-zag. The structure of the last decline from 4194 seems a 3-3-5 that would complete wave B of the last zig-zag, thus providing a setup for trading the last leg up of primary (B) to 4300+.
From a pattern perspective, we can see the bearish wolfe wave target at the main downtrendline in blue.
Will search from long setups lower in the green target box and will update below.
Happy trading!
GMR
تم فتح الصفقة
لقطة
giving a first try, vix reached its target.
Entry @3998.1
تم فتح الصفقة
لقطة
stop loss on entry.
Monitoring the possibility of a descending broadening wedge.
تم فتح الصفقة
لقطة
still in from @3998.1
تم إغلاق الصفقة يدويًا
Kicked out at entry. Now observing
ملاحظة
لقطة
Targets of Adam and Eve top and Inverse Cup and Handle are at the bottom of target box
تم فتح الصفقة
لقطة
restriked @3984.1
تم فتح الصفقة
stop loss on entry. A short term lower low still possible
تم إغلاق الصفقة يدويًا
لقطة megaphone, aiming for a lower low.
Closing at 4010.1 with a gain of 0.7%.
تم فتح الصفقة
لقطة
micro count in chart. Green zone has the target for this wave B. A breach of the green zone will increase the probability of a reversal
تم فتح الصفقة
لقطة
still long from our greenzone 3950.2@ with stop loss on entry
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لقطة
kicked out at entry. restriked @3947.4
تم فتح الصفقة
لقطة
added 3927.1 avg entry @ 3937.2
stop loss 3918 risk 0.7%
تم فتح الصفقة
لقطة
stop loss on entry
تم فتح الصفقة
لقطة targets above 4300
تم إغلاق الصفقة يدويًا
Closed at @4040.2 Profit 3.1%
ملاحظة
لقطة
Staying flat now.. will update in next post
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