SP 500 flat pattern X wave or follow the Y wave completion
Hello traders, good night
SP 500 is in a big corrective pattern
First scenario: And it resembles a double zigzag structure and it seems that the X-wave forms a flat pattern.
Second scenario: Wave Y has executed the first zigzag and between 50 and 78.6% retracement enters the final movement to complete the double zigzag pattern.
Good luck and be patient in your transactions
SP 500 is in a big corrective pattern
First scenario: And it resembles a double zigzag structure and it seems that the X-wave forms a flat pattern.
Second scenario: Wave Y has executed the first zigzag and between 50 and 78.6% retracement enters the final movement to complete the double zigzag pattern.
Good luck and be patient in your transactions
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