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the_sunship

SPX 500 - smells like C spirit

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Índice S&P 500 (EIGHTCAP:SPX500)  
the_sunship Actualizado   
EIGHTCAP:SPX500   Índice S&P 500
Chart Patterns Technical Indicators Wave Analysis S&P 500 (SPX500) SPDR S&P 500 ETF (SPY)
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chartpattern indicator waveanalysis spx500 spy
After yesterday's absolute washout it occurred to me that we're probably in another C wave. This would line up with Bitcoin and Oil. C waves only get mini bounces and charge relentlessly to the downside. A bounce up to 3850ish is probable first with the FOMC or after, but I wouldn't take it too seriously. If C equals A, target is around 3400.
Comentarios:
Rally is on! Target 3860 area
snapshot
Comentarios:
stopped out on the fakeout, will wait for rally after Fed.
Comentarios:
Looks like B is finished. I'm going to wait for the fed, but this may be the C wave now in progress.
snapshot

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