sophisticated-gambler

Start of a bull run? Micro analysis

לונג
AMEX:SPY   SPDR S&P 500 ETF TRUST
Additional chart to macro chart that I just posted. Here is my wave count for the hourly chart.

It is too early to say, still need to wait for confirmations but I believe that this is the start of a multi-month or maybe even multi-year bull run

To confirm this count we expect to see a very violent move upwards
הערה:
This count ended up being wrong, fortunately this does not change our higher degree picture

We ended up having to push #D to the pivot where little #B is and from there on on a lower degree we are counting either flat (till 24-05-2023) or a triangle (till 01-06-2023)

I definitely prefer a triangle count
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.