JAG_Trader

This looks like it's going to fall ...

Kort
OANDA:SPX500USD   S&P 500-index
Apparently the price has presented a wave structure 12345abc, if so, the price could go from the current price to the historical high in the 4480.

It is important to know that as long as the price remains in that range, the sp500 will be bearish.

If it breaks to the upside the 4480, we could see levels above the 4500.

In general, I believe that the index may fall at any time due to the current geopolitical problems.

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