SPX-Major support zone 4050-4120 Bounce Expecting to 4450
#OPINIONLEADER# #ElliottWaves# #StockMarket# #S&P500# #PriceAction# #howtotrade# #howtomasterforextrading#
Market Commentary:
1. Currently we are in the bigger wave (4) as i shown here and one set of a,b,c correction got completed in a flat correction.
2. So i am expecting atleast connecting wave in 3 waves or it could be a bullish for an irregular flat to break above the previous high but not confirmed yet.
3. We are getting a daily bullish divergence in stochastic also but confirmation above 4315 closing
above that pervious anchor and above wave 4 of "C" wave.
4. We are in major support zone as well @ 4050-4120 as i shown here. My TP is 4450 approx.
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.