S&P500 3-3-3-3-3 CONTRACTING TRIANGLE CORRECTION (1HR)

Looks like the flag on the 30min-1hr timeframe is developing as a 3-3-3-3-3 Contracting Triangle for upside. I believe we are starting the 3rd leg of Wave 4, which should take us up to around $4180 hopefully by tomorrow, followed by Wave 5 to around $4100 thereafter. We should see the larger time frame upside move towards ATH to resume after completion of this correction, perhaps starting next week.

評論:

Idea Invalidated.