SPX/SPY looks to be in C Wave within a Wave 4 correction which is likely to send numbers back up towards 3950/395. The resistance there should be fresh and formidable. I expect that failure will send numbers back down to the lows of 3700/370 where temp support is likely to continue the ping pong action. A pass beyond the range of 3950 is highly unlikely at this point.
註釋
returns to 3810 before the last leg up within this fractal wave.取消訂單
Drop wave has been postponed. SPX looks for 5000s before more downside potential.
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