Danger

There is another count that C wave is ending on SPX of an ABC formation.  I don’t have time to write down my alternate count.  11:33am.

Hmm. Ok, maybe no ED.  I’m confused so this must be wave 4…

Well, now it’s cleared up a bit.  Flat.  Could be another flat coming or the start of the next wave up.  If the chart doesn’t change much by the close I probably won’t update again.

Hmm. Not much to update.  Holding pattern is there.  If it breaks north of 1260  on Monday I think good shot at 1290-1300.  If it gaps down below todays support then not sure.

Leave a Reply