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SP500 Index Is Turning Into A Deeper CorrectionTop ↑  Jan 28 2020
Good day traders,
S&P500 started dropping from the 3340 level, where sub-wave 5) of a higher degree wave 3 had found a top. This drop can now represent part of a three-wave corrective move into a wave 4, which can look for support/bullish turn near the 3181/3070 region. That being said, a breach below the lower Elliott wave channel line will confirm a wave 4 correction to be underway. If you want to be on track with our analysis and outlook in the future, make sure to consider a 7-Day trial at ew-forecast.com. S&P500, 4h .png) Trade well, The EW-Forecast team. Newsletter archive
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Trading forex, futures, options, stocks, cryptocurrenices or any another trading market carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could lose some or all of your initial investment; therefore you should not invest money that you cannot afford to lose. Our website and the information that we provide should not be relied upon as a substitute for extensive independent research before making your investment decisions. In no event will we be liable for any loss or damage on your account in connection with, the use of our products. For any real cash investments you have to contact your financial advisor.
Any information or material contained on our website is owned by Val Global d.o.o.. Reproduction is prohibited without our permission.
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