I have updated my last SPX chart and re-labelled the EW count which I now think better fits the current wave structure.
It is possible that SPX has completed this cycle with an ending diagonal as shown and a double top?
Momentum & RSI have both diverged strongly and both short and long term trendlines have been hit!
This coming week should be very interesting.
Good Luck
It is possible that SPX has completed this cycle with an ending diagonal as shown and a double top?
Momentum & RSI have both diverged strongly and both short and long term trendlines have been hit!
This coming week should be very interesting.
Good Luck