S&P 500 - Are you guys seeing this?

This expanding diagonal wave A is completed and potential wave B has yet to finish.
But are we actually heading for another sharp bearish trend for the stock market?

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S&P500 is still on rise for a potential corrective bounce to the upside Wave B until 4500 level , but when it finds a rejection, our bearish bias would still be enforce.

@marketpainterph
#elliottwave

Trade ist aktiv:

US500 reacted at the 4600 psychological level. The major bearish wave C is the projection here below 3400.
@marketpainterph
#elliottwave