S&P 500: 2970/2980 In View
Gregor Horvat | Aug 21, 2019 09:21AM ET
S&P 500 is currently picking up from the 2890 region, where we think corrective wave iv of a bigger wave C impulse found a base. If that is the case, then be prepared for a new high in the next couple of sessions; we have a projection target for a sub-wave v of C near the 2970/2980 area. However keep in mind that we are tracking the fifth wave of an impulse, which means bulls can be ready to slow down, and a temporary A-B-C move lower can follow.
S&P500, 30Min
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