SPX looking higher for corrective continuation (Elliott Wave)

Neerav Yadav 50 Eyes Market Analysis

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SPX: 15 min.: The current progression looks to be a Triangle formation with Wave (Y) of Wave C of the same still remaining to the upside.

Strategy: We look for longs from a short term perspective, target being the 1:1 level in the white resistance zone with SL below 2720.

Author

Neerav Yadav

50 Eyes Market Analysis

Neerav Yadav is a Futures trader who is in the markets since 2014 and trades primarily in Energy Futures, Gold, Indices, Stocks and other instruments.

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