SPX Futures in 8H timeframe
Hello
According to EW principles, one of the most controversial analysis in the market is to count a corrective waves and it is exactly what is happening for SPX. There are only one more scenario and it is when we count (ABC) down to RED CIRCLE all that happened is considered as wave 1 of 5 (green counting).
I am waiting to see what will happen for out trend when it touched upper boundary of the channel.
In all scenarios this is not the trade time for S&P.
Thanks
According to EW principles, one of the most controversial analysis in the market is to count a corrective waves and it is exactly what is happening for SPX. There are only one more scenario and it is when we count (ABC) down to RED CIRCLE all that happened is considered as wave 1 of 5 (green counting).
I am waiting to see what will happen for out trend when it touched upper boundary of the channel.
In all scenarios this is not the trade time for S&P.
Thanks
AMA
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