Kom igång
MoodandMarkets

Trend change

Lång
S&P 500 index (FX:SPX500)  
MoodandMarkets Uppdaterad   
FX:SPX500   S&P 500 index
Trend Analysis Chart Patterns Wave Analysis rsi_divergence
4
0
trendanalysis chartpattern waveanalysis rsi_divergence
  • Maturing downside pressure
    divergence in RSI indicator
    Support zone
    Five wave fall structure
    Possible of a FLAT B wave
    Record-breaking jobless claims with a quick new law.

This is the reason to forecast a trend change to the upside. This is the V-shaped recovery hope correction, I suppose.
What would I like to see now? A failure swing low after to break the level of 2520 then the (v) of B wave will have found it's place at 2433. Maybe I will open a long. It depends on RR ratio. We will see. The Potential target is 2650, a triple top or more to the zone of 2800.

There is a considerable view which is represented by the purple ((c)) of B. So there will be a failure swing high then the S&P500 will be an early stage of a huge falling.
I hope I can help you with this analysis
Trade stängt: målet nått:
I closed partly as this was my target.
My managed stop 2725 at the moment
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.