gm gm,
quick update to the local trajectory on the spx500.
after invalidating the 5th leg up locally (via my last post),
it becomes abundantly clear to me, that all of these moves - are in fact 3 wave moves.
being this corrective by nature, i can now conclude my entire theory by saying this is in fact a massive B wave,
and spx will undergo a significant break down once wave b has been completed (quite possible sub-covid-low).
---
no downside targets at this time,
but i got you whenever i see it.
---
>keep in mind, these posts are very general, and you should consistently be doing your own dd, and analysis on the ever-changing market structures.
✌
quick update to the local trajectory on the spx500.
after invalidating the 5th leg up locally (via my last post),
it becomes abundantly clear to me, that all of these moves - are in fact 3 wave moves.
being this corrective by nature, i can now conclude my entire theory by saying this is in fact a massive B wave,
and spx will undergo a significant break down once wave b has been completed (quite possible sub-covid-low).
---
no downside targets at this time,
but i got you whenever i see it.
---
>keep in mind, these posts are very general, and you should consistently be doing your own dd, and analysis on the ever-changing market structures.
✌