SPX500 - 1hr
I've been following this script for over a month now, and it's played out fairly close to expectations. I'm looking to thin longs from the 1800s in the 2080 region, then reload between 2000-2030 for one more push up near all time highs. Technical divergence on presumed coming high in iii would further support a brief topping in price. This divergence may persist throughout wave v of 1.
This is no time to add new longs imo. Wait for the pull-back in iv. Higher confidence on long-term entries would be on wave 2 in coming months, or even on taking out the initial expected wave 1 high after wave 2 completes. (Better illustrated on a daily chart).
The white line merely signifies where wave v would equal wave i off the low; its placement in time is purely notional at this point (note, wave v does not necessarily need to equal wave i).
This is no time to add new longs imo. Wait for the pull-back in iv. Higher confidence on long-term entries would be on wave 2 in coming months, or even on taking out the initial expected wave 1 high after wave 2 completes. (Better illustrated on a daily chart).
The white line merely signifies where wave v would equal wave i off the low; its placement in time is purely notional at this point (note, wave v does not necessarily need to equal wave i).
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.