There's a storm on my chart

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Hi everyone,

I see two possibilities.

Blue or Brown ? (we have to see!)

Technical Section:

The Blue Path: S&P500 is completing the fifth wave of the 5th wave of a five-wave rally.

Wave 5 = 2.618 x length of Wave 1
Wave 3 = 2 x length of Wave 1
Target = 5790


The Brown Path: S&P500 is completing the fifth wave of the 3rd wave of a five-wave rally.

Wave 3 = 4.236 x length of Wave 1
Target = 6440
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SPX

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S&P 500 (1871-2024)

(The Blue Path) Wave 5 is still not complete

Target > 6000

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SPX

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SPX 5366

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SPX 5421

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In a lot of ways ...

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SPX

the key level to watch today is 5441


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SPX (4h)

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SPX- New ATH

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SPX

Brown ?

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SPX- Short term

Target= 5537

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SPX

+0.33% 5505

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SPX

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SPX

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Jun 18 (Comment: SPX- Short term)

Update

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SPX

5526

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SPX

5553

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SPX

5615

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SPX

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SPX

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SPX

5664

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SPX- Update


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SPX


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Something has changed


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No comment!
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Sometimes doing nothing is the best


I will be unavailable until Aug 9, 2024
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SPX

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SPX- stampede


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S&P500- Update

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SPX

5707

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SPX

To the best of my understanding, I think ...

Target-1 = 123.6% of wave A

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