SPX 500 2 ALTERNATE SCENARIOS 50/50= BULLS OR BEARS
PRICES FROM 1576-667(909pts)=667-3393(2726pts)=909*3=2727pts.
price from 3393-2180=1213pts, this has happened in either 1,2,3 or a,b,c however some will say it is 1,2,3,4,5, it will all depend on how one see and counts the price action depending on their choice of analysis.
See the chart for my count which has both options for 1,2,3 and now in the 4th wave where upside ideally should not exceed 2700-2800 then a 5th wave lower o 2135-2050 price range.
Should the prices exceed 2700-2800 and how it happens then it can be simple or complex corrective setups.
for the 4th wave if prices overlap between T1= 2437-2472, T2= 2550-2600 OR T3=2670-2715,in 3 waves then the 5th wave will be lower to 2135-2050.
previous 4th waves resistances = 2500-2530 & 2660-2720
price from 3393-2180=1213pts, this has happened in either 1,2,3 or a,b,c however some will say it is 1,2,3,4,5, it will all depend on how one see and counts the price action depending on their choice of analysis.
See the chart for my count which has both options for 1,2,3 and now in the 4th wave where upside ideally should not exceed 2700-2800 then a 5th wave lower o 2135-2050 price range.
Should the prices exceed 2700-2800 and how it happens then it can be simple or complex corrective setups.
for the 4th wave if prices overlap between T1= 2437-2472, T2= 2550-2600 OR T3=2670-2715,in 3 waves then the 5th wave will be lower to 2135-2050.
previous 4th waves resistances = 2500-2530 & 2660-2720
