This chart suggests a top in SPX at 2610 soon, where wave 5 = 0.618 wave 1. Trendlines from waves 2 to 4 and projected from wave 3 intersect this point.
Good Luck
Good Luck
Kommentar:
This 1 Hour chart shows the labelling for this final wave which is now underway. Extending the blue trendline touching waves 2 to 4 and projected from wave 3 gives a final level of around 2610 sometime around 9th Nov. However events may change this and a good entry point will be a solid break of the lower blue trendline.
