s&p500 may drift to 3740

This is an updated version of my previous post on SPX index, on the basis of Elliott wave analysis
after breaching of 4196 ,the fifth wave is going to extend further up to a maximum of 3740.before march end 2022
traders can open shorts near 4280/4300levels on monthly PUTS, but strict stop loss 4340 ,(disclaimer, trading at your own risk, pl, verify with your advisor)

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a FLAT correction after 3rd wave is expected(consolidation before a big move)
ABC
A completed, expect B to retrace 62% of A

Zlecenie aktywne:

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54 recovery up to 62% of 51+53

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Zlecenie aktywne:

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lets hope for minimum target (62%)of 51