SPX 2431!! UPSIDE =2560-2585/2620-2630

2180-2638=A/1, 2638--2465-2641-2631= FLAT(A,B,C) for now, therefore if 2431 completed B then C=2431+460(A@100%)=2890.

If 2182-2634=A or 2182-2634=4th and 2641-2431=1st of the 5th wave then upside from 2431= 2560-2600 or upto 2620-2630 for the 2nd of the 5th.
To eliminate the 5th wave probability then price has to exceed 2620-2641 which is even better then that will give an upside price projection T1=2690-2760, T2= 2840-2890.

Should prices stall between 2560-2585 or 2620-2630 and break below 2500 then the 5th wave is probably in play, however if prices hold above 2500-2530 then the upside will be probable.

Bình luận:

overnight prices have been capped by 2530 and are now testing 2500-2480 price zone, this changes the out look and potential down side break below 2485-2480 then lower prices into 2470-2460 or 2450-2440.
break below 2440-2430 then expect 2400-2360 price zone.