100% Wrong. The S&P will nose dive within a 14 day period bounce or no bounce - that said Good luck.
elliott77
⋅
@london55555, Why do you say this? Please explain with analysis as TradingShot has, else this is a very unhelpful comment to a community.
TradingShot
⋅
@elliott77, Thanks Elliott. That's the exact strong spirit I try to maintain within this community.
TradingShot
⋅
@london55555, I respect every opinion, same or opposite to mine. What is really counterproductive to read in a colorful community such as tradingview's is empty claims and analyses without technical evidence to back it up.
DaddySawbucks
⋅
Good idea; suggests a double- double top, a distinct possibility. I believed index to be in another ABC correction with chaotic pattern typical of a B wave. If today's engulfing bull candle signals begin of a wave 3 then ur rite. If it's a fake breakout we will see more bearish action within a week and lower again, for a double bottom. If we get that, it will surely provoke a retest of July highs.