HomeContributorsTechnical AnalysisS&P500 Trading In A Temporary Correction, More Upside In View

S&P500 Trading In A Temporary Correction, More Upside In View

E_mini S&P500 is recovering nicely since Monday; it seems that bullish trend is back in play which is expected to continue after any three wave retracement. We see a flat in progress now with subwave C, final leg of a correction that may find a base at 2345-2350 area.

S&P500, 1H

Elliott Wave Financial Service
Elliott Wave Financial Servicehttp://www.ew-forecast.com/
Trading forex, futures or futures options carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could lose some or all of your initial investment; therefore you should not invest money that you cannot afford to lose. Our website and the information provided here should not be relied upon as a substitute for extensive independent research before making your investment decisions.

Featured Analysis

Learn Forex Trading