SPX Bearish Potential Resuming
We first spotted a bearish correction that was incoming to the NDX (Nasdaq), SPX (S&P 500 Index) and DJI (Dow Jones), the B wave ended in late January.
We are now experiencing a bounce and we have a potential high for wave B.
All that is left now is wave C to be completed.
We also have a bearish candlestick pattern formation in the past few days.
A break below EMA10 and the "inflation"/Fed tapering problem... The markets are set to correct.
Check the "Related Ideas" below for previous articles.
Thank you for reading.
Namaste.
We are now experiencing a bounce and we have a potential high for wave B.
All that is left now is wave C to be completed.
We also have a bearish candlestick pattern formation in the past few days.
A break below EMA10 and the "inflation"/Fed tapering problem... The markets are set to correct.
Check the "Related Ideas" below for previous articles.
Thank you for reading.
Namaste.
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