Tentative Possible Completion of SPX WXY Corrective Retracement

Pre-called 2802 and saw it touch today. There is strong support on upper channel trendline; doubtful we will see retest of lower channel line, barring catastrophic geopolitics.

Expect more turbulence and consolidation at this level just above support in the 2810 - 2840 area for a week or so; eventually should breakout thru strong R at 2640.

This is not advice and Im not an advisor, it's purely an educational post. Good luck traders!

עסקה פעילה:

Pretty sure now we are out of the corrective wave, lol, is bulling up strong.

Target shell for this run: 25800 - 26000 on Dow, 2880 - 2900 SPX, good luck!