Sp500 update

18 settembre 2022, 22:55
Mauro Giuseppe Tondo
1
86

27/09/2022 20.59 Sp500 update  Until W-3 isn't complete we can't give a precise target for W-4, BUT if we were to complete it around 3580, then I'd expect W-4's relief to target the 3699-3774 area before more downside for W-5--To be confirmed once W-3 is complete



Because of the bullish divergence on the daily and the lack of a clear sub-wave 2 of W-3, I believe that we could soon bounce. This, however, should serve as a pullback before wave 3 of W-3, which has the potential to be the most devastating move of this bear market


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