SPX (Part 3) S&P 500 TVC:SPX wolfah Finally, we’ve got our Minor 4. Anyway, if you look at the chart, it also could be...
SPX (Part 3)
Finally, we’ve got our Minor 4.
Anyway, if you look at the chart, it also could be a “Minute” abc corrective pattern (c=Impulse wave), instead of an “Minute” wxy (Y=corrective wave. Next step could be, the approach to the horizontal magenta resistance line.
Scenario 1: Breakthrough!
Scenario 2: Pullback with a 2nd shoulder (Takes more than a day!)
Good run so far!
Wolf
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