There has been a further background in terms of tariff titles, as traders and investors are clogged in uncertainty. It is clear that the economic war has been narrowing between the US and China. If we take the eyes off the headlines, what does the price tell us? In this article we will use Elliott Laine To discuss the possible roads that S&P500 (SPX) could take in the coming weeks.
At the beginning of April, US President Donald Trump announced much of the expected fare. Immediately after that and days, most assets, especially risk assets, began to bleed. Investors panicked and turned into cash until the dust settled. After that, the cash flows went to precious metals, especially the gold, which saw the greatest benefits of the last 100 years. Gold reached a record height several times while the US indices fell.
However, before the sale of the US Indexes & P500 (SPX) and others, and others had thought that the Bullish cycle was ready in October. So we warned members in our living sessions. However, we expected that the expected decline will improve the cycle from August 2024 and then become higher, but the impact of the trade war had forced prices much lower to improve the larger bullish cycle from October 2022. The Bullish cycle marked the Elliotti cycle from October 2022 (III). As of October 2022, the price ((III)) filled the wave (i) the impulse sequence in February 2025 in February 2025. Thus, the highest wave (II) of February was formed. We were going to buy a wave (II) when it completed 3 or 7 swing structures.
SPX: Typical 3 or 7 swings (II)?
The first impact on the highest impact of February was a clear 3-van decline, which ended in the extreme area where we advised members to buy some profit. The price came from the extreme as expected. The members reached the first goal and, after the use of partial profits, they organize risk -free trade. In the future, the discussion is whether the rally is corrective or impulsive to the height of February. The diagram below shows a scenario where Laine (II)) is already in the lowest time of April 2025.
SPX four-hour-first scenario
The above chart shows the wave (II) may have ended at the lowest level of April and the recovery should be a higher wave (III) above February. If the tariff risks the escala, this scenario should work and buyers are pushing higher. But to add to our long position, we like to see that from April, the backlog is 5-random. If the wave (1) ends with a 5-wave construction, we will be able to buy the next 3/7 swing from the blue box and join the buyers when they push forward. As the risks increase, the SPX may rise below higher prices, as the second scenario below shows.
Four hour-2. scenario
H4 chart The above shows that the wave (II) may develop lower in the case of a deeper 7-stroke structure. Correction structures develop in 3, 7 or 11 turns. The 3-Swing sequence ended Laine W. but the lowest reaction in April can also be interpreted in AA correctly-7-swing (II) XI wave. Thus, the price can still rise to 5754 or until this year and then go sharply lower. Pause 4827 from the lowest lower scenario is confirmed. If this happens, we expect you to buy a 7-wax structure in the extreme. If the price breaks below 4827, we could take short -term shorts 3 or 7 swings to the next extreme of the wave (II).
It doesn't matter what the US and China will happen in the coming days, weeks or months, we already mapped how to trade us with SPX. We don't even have to follow the headlines, not to mention trading with them. All you need is the pricing, our Elliott wave skills and our patented blue box.
