You need to study Elliot waves. We are about to start P3, a drop that will be extremely severe and will result in the SP500 far lower than the March lows.
I'm not so sure you can apply elliot waves or technical analysis to current sp500 levels if 1/3 of the volume is provided by HFT Walstreet Hal's 9000 and still in the background PPT is on the watch! Btw. Check correlation between USD/EUR and s&p index.
fantastic !
cosmicguerilla1 2 years ago
You need to study Elliot waves. We are about to start P3, a drop that will be extremely severe and will result in the SP500 far lower than the March lows.
Schweizer135 2 years ago
I'm not so sure you can apply elliot waves or technical analysis to current sp500 levels if 1/3 of the volume is provided by HFT Walstreet Hal's 9000 and still in the background PPT is on the watch! Btw. Check correlation between USD/EUR and s&p index.
RemiG2006 2 years ago