ESH S&P B wave top turned into 5 Wave down Target 1 = 5 (after 4=2) of 2695
Wave 3 target is 1.618 times wave 1...
Of course, Wave 5 being the most indeterminate could easily reach 1.618 times wave one for a possible target of 2664.
https://www.tradingview.com/chart/ES1!/f...wave-down/
This 5 wave is now impulsing down so should complete over the next few weeks.
Current A = C target is 2080 over the next 12 to 24 months.
NOTE: These discussions and any associated thread posts are not intended as investment advice in any way shape or form and is mentioned for informational purposes only now that we are entering a Major 40 Year S&P Supercycle Wave 3 to 4 Top Turning Reversal. Seek competent professional advice to determine your risk tolerance before trading Options or Futures contracts. Never invest more than you can afford to lose.
Wave 3 target is 1.618 times wave 1...
Of course, Wave 5 being the most indeterminate could easily reach 1.618 times wave one for a possible target of 2664.
https://www.tradingview.com/chart/ES1!/f...wave-down/
This 5 wave is now impulsing down so should complete over the next few weeks.
Current A = C target is 2080 over the next 12 to 24 months.
NOTE: These discussions and any associated thread posts are not intended as investment advice in any way shape or form and is mentioned for informational purposes only now that we are entering a Major 40 Year S&P Supercycle Wave 3 to 4 Top Turning Reversal. Seek competent professional advice to determine your risk tolerance before trading Options or Futures contracts. Never invest more than you can afford to lose.