2020-11-10

S&P 500


IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
S&P500 SHOWS A SIGNIFICANT BEARISH DEEP CRAB HARMONIC PATTERN
THERE ARE 3 NUMBERS IN THE POTETIAL REVERSAL ZONE ,THAT DEFINED A TIGH ZONE IN THE 3780-3930 AREA
THE PATTERN POSSESS A 1.618 AB=CD PATTERN AT 3780, WHILE THE 1.618 XA EXENSION  AT 3825, FINALLY 2.24 BC PROJECTION AT 3930,ALL ARE CONVERING IN 3780-3950 AREA
NOTICE  WHEN PRICE ACTION BREAKOUT  THE B POINT AT 3550 A BULLISH BAMM TRIGGER WAS BORN TO  THE COMPLETION OF PATTERN  AT 3800-3930 AREA, ALSO IN  DEEP CRAB PATTERNS  A VIOLATION OF THE B POINT  AND X POINT TYPICALLY CREATES A SITUATION OF SERVE PRICE ACTION, SO  FREQUENTLY THE RESULT IS A SHARP MOVE  TO THE FURTHER POINT  IN THE POTENTIAL REVERSAL ZONE