Question of timeframes in the $SP500
🔹 Short Term: Breakdown of the triangle to the downside, responding to yesterday’s move.
🔹 Daily: Formation of Wave 4 as a retracement.
The target remains in the area of 7,800, but the market needed to clean up and take liquidity
🔹 Short Term: Breakdown of the triangle to the downside, responding to yesterday’s move.
🔹 Daily: Formation of Wave 4 as a retracement.
The target remains in the area of 7,800, but the market needed to clean up and take liquidity