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ard3413

SPX500, Monthly chart

S&P 500 index (FX:SPX500)  
ard3413 Uppdaterad   
FX:SPX500   S&P 500 index
Wave Analysis S&P 500 (SPX500) Stocks
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waveanalysis spx500 stocks
Just be prepared for sideways moves, pullback or some kind of correction.

I have no idea how much this trend can continue to the upside, but I'm sure this will pause in near future; so I'm preparing myself for that.
This does not mean that I won't trade to the upside, if I see a trade setup for upside, I will definitely put order, but I will take profit ASAP.
Kommentera:
OK; do you remember this post ?
These days market is going down aggressively. What are the most probable scenarios?

snapshot
Kommentera:
1) keep going down to make a some kind of flat and reverse to upside to continue the overall larger trend

snapshot
Kommentera:
2) or that move was the last impulse to the upside in its degree and price is going to correction phase in a higher degree.

snapshot
Kommentera:
in both scenarios, you have to wait for a short opportunity based on your strategy, enter trade and take profit as soon as possible
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