S&P500/07.12.2022
FaDIt took a little while for everything to change drastically. all attempts of the price to go long, as well as thoughts about the recovery had to be put aside
So, 01.12.2022 was the forecast for the S&P500, an approximate scheme is given
Things are different now
The price is testing the lower boundary of the triangle. Anyway, the expansion suggests that a move is coming, in case the current day closes at 3917 or below it, we can safely talk about a breakout of the triangle and a big short.
The chance that this will happen is very high, because EURUSD has also reversed, before it tested the trend line
There were attempts to break through the trend line, but it stopped there, but then the price showed a clear maribozu down
In addition to this AUDUSD also failed to fix on the W figure, and broke through the trend by a powerful candlestick, there are no attempts to go back, because the pressure of the bears is too big
Also USDCHF, which was forecasted in the diary, was able to fix a pattern only on D4
At that time D5 failed to close beautifully, confirming the intentions of D4
But on D6, there is still a chance to draw a pattern to the long, but this will be known only on December 12
There's great news in all of this, the Brent forecast I've talked about in the diary more than once (starting with https://t.me/dnfad/2537, https://t.me/dnfad/2568, https://t.me/dnfad/2581 ) is going in the given direction so far, maybe we'll get to $67
So far, the market does not give any specifics, but to cope with the current situation, we need a very powerful driver, which can spur XXXUSD to continue what it started and rush further into the long paradise.