Sustained Impulsive Structure → Maturity Phase Trend: Uptrend | Location: Upper Zone | Behaviour: Corrective Structure assessed from earliest reliable data Secular advance → sustained impulsive structure Showing corrective behaviour after advance Part of the S&P 500 Structural Census. For educational purposes. Structural market observation. Structure → Level → Trigger → Probability #MarketStructure #SP500 #Mastercard

MasterCard is getting ready ahead of World Soccer Championship in summer. It will probably go down another 10%, to the confluence of 0.382 level and the point and figure chart bearish target

- MasterCard reversed from support area - Likely to rise to resistance level 520.00 MasterCard recently reversed from the support area between the support levels 500.00 and 490.00 and the lower daily Bollinger Band. The upward reversal from this support zone stopped the previous sharp downward impulse wave iii of the C-wave from January. Given the strength of the aforementioned support area, MasterCard can be expected to rise to the next resistance level 520.00 (former monthly low from January).

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Following a strong recovery, Mastercard faced notable selling pressure again. In the short term, we anticipate further declines within the framework of the turquoise wave C. We expect its low within our green Long Target Zone between $475.58 and $448.65. Simultaneously, this range should also capture the low of the broader magenta wave (4). We then expect a transition into the follow-up wave (5), which should initiate the next upward impulse. In parallel, we consider an alternative scenario with a 36% probability. In this scenario, a turquoise five-wave pattern might be unfolding, with wave alt.3 breaching the resistance at $589.67. In this case, the magenta wave alt.(4) would have concluded almost a year ago and our green Target Zone wouldn’t come into play.

1. RSI in oversold region 2. Price likely to rebound back to the mean Trade Rules: Entry Trigger - RSI has cross below oversold region Exit Trigger - Close price cross above exit trigger (Red Line)

- MasterCard reversed from support area - Likely to rise to resistance level 560.00 MasterCard recently reversed from the support area between the long-term support level 528.00 (which has been reversing the price from May) and the lower daily Bollinger Band. The support level 528.00 was further strengthened by the 61.8% Fibonacci correction of the upward impulse from April. MasterCard can be expected to rise further to the next resistance level 560.00 (former support from the start of January).

1. RSI in oversold region 2. Price likely to rebound back to the mean Trade Rules: Entry Trigger - RSI has cross below oversold region, enter limit buy at close price Exit Trigger - Close at market when close price cross above exit trigger (Red Line) Notes: Maximum of 3 open positions

- Mastercard Incorporated currently holding the bullish trend line and current support - Trend line and support is aligned with Fibonacci levels - I'm looking at $666 to $707 price soon

NYSE:MA this play is experimental however I'm testing something that I'm adding to my indicator. Targeting the Confirmation Levels and the 1.618. NYSE:MA may be temporarily oversold. $V has the very same set up Happy Trading Alert Sets