SPX500 - Daily

Once the 1-2 is confirmed I can refine the target for wave 5 of (5) of ((3)). I "neutral" on the daily timeframe despite being short on smaller time frames. Planning to exit shorts and get long IF a confirmed bottom presents itself above the year's low. There are legitimate alternatives for wave (4) not being complete, and for truncation in wave (5) of ((3)), but these are not my expectation at this time despite weakness on Brexit news.

Disclaimer: my long term account has been in cash since April.

Went back to January posts to find a weekly idea to link....