Stocks are higher but with five waves up from 2403 on S&P 500 we suggest to be careful with any long positions.
Stocks are higher but with five waves up from 2403 on S&P 500 we suggest to be careful with any longs. Keep in mind that after five waves, a three wave setback is expected, so ideally price will turn lower this week, back to 2420-2426 area.
S&P500, 1H
Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.
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