S&P 500 Daily Update: A Personality Trait Feature per Fractals

in #money6 years ago

SUMMARY

The S&P 500 (SPX) continues to pattern out the final touches of the upward pointing wedge (white) which correlates with the blue wave 1 of white 3. This would prep for the onset of blue 2 correction. Since SPX prefers to use frequent patterns of the small upward pointing wedge, it is likely that such is a personality trait. The purple wedges are also embedded within a larger symmetrical triangle. This is also very common in Cryptos and has been referred to as an "impregenated" pattern. Overall, once blue 2 completes, the bule 3 should allow new all time highs to be tagged.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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We have chosen your post to be part of our top ten post of the day. It would be nice to have some cryptos on the NYSE or NASDAQ.

SAludos... siempre estas en los diez mejores... soy tu admirador...

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