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SPX-Major support zone 4050-4120 Bounce Expecting to 4450

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SPX-Major support zone 4050-4120 Bounce Expecting to 4450

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


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