AynCzubas
做空

Upward Correction Nearing Completion

FX:SPX500   美国标准普尔500指数
80 8 0
Following the all-time high of 2137.1 and subsequent drop to 1833.5, an upward correction that initially appeared to be forming as a contracting triangle has since broken out of its converging pattern and now has the appearance of a "Flat (3-3-5)"-type ABC correction. Within this correction, two primary rallies -- to 2021.4 and then to 2022 -- have hit resistance just flush with the level that represents 0.618 of the distance from 2137.1 to 1833.5 (the exact .618 point is 2021.1).

So far, the length of the wave labeled "c" is right at 0.786 of wave "a", and (if) terminating very close to the extreme of wave "a" would be typical of a "flat" correction. These rallies seem to be getting rejected when they reach the lower trendline of an upward trend channel that formed after the 2009 low.

Unless it becomes more complex, the correction looks like it could be complete, or nearly so, and at a turning point. I am still on the fence as to whether to consider this correction a 2nd wave or a 4th wave. The depth and exactitude of its retracement to the .618 level would imply the former, while the overall wave structure since 2137.1 makes me lean toward counting it as the latter. In either case, I think it is probable that the index will start making its way down to a target below 1833.5.
My take on the action since 2022. I see a downward impulsive wave, being corrected now by a 2nd wave the "b" wave of which appears to be a triangle implying an upward thrust targeting .618 of the impulsive wave. This could be the initial part of a wave 3 or wave 5 down
回复
AynCzubas AynCzubas
The "c" wave thrust didn't quite make it to 0.618, settling near 0.5 retracement before collapsing below its origin.
回复
AynCzubas AynCzubas
Next stop? 1.618 extension of the 1st wave from the end of 2nd wave would bring a typical 3rd wave to about 1969...
回复
AynCzubas AynCzubas
回复
AynCzubas AynCzubas
This is my best-guess count and near-term forecast right now, given the last day's developments...
回复
look4edge AynCzubas
ew free diagonal view, pink trendline from top diamond tested, real break? lets see if 2031.4 goes...
回复
nice, as usual, considerede same abc count, however, the inner structure of c seems not finished to me, not usre if w3 has been finished, 2022 behaving like magnet and not rejector to me, can switch above fast...
回复
AynCzubas look4edge
You were right. Wave "c" wasn't quite finished. The sudden spike so far up to 2030 might be its final 5th wave. Otherwise, around 2057 might be another conceivable ending point, where "c" would equal "a".
回复
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
首页 股票筛选器 外汇信号搜索器 加密货币信号搜索器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
个人资料 个人资料设置 账号和账单 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出