Sharing a simple yet very visual idea of what could be happening with SP500 in terms of Eliott Wave.
We would be in an ABC correction, A finished, B in course, near to its end, C to happen in the future.
In the end, uptrend.
So short term, LONG for a little while, might end anytime soon.
Medium term, further correction (SHORT).
Long term, LONG.
We would be in an ABC correction, A finished, B in course, near to its end, C to happen in the future.
In the end, uptrend.
So short term, LONG for a little while, might end anytime soon.
Medium term, further correction (SHORT).
Long term, LONG.