#SPX may be forming a flat correction.
This interpretation is supported by the overlapping decline of wave A and the recovery of wave B above the previous peak.
A significant decline in wave C is a plausible scenario, but confirmation is still needed.
We are watching for an impulsive decline and a break below the wave A low near 7,560.
Evidence, not certainty.
$SPX
This interpretation is supported by the overlapping decline of wave A and the recovery of wave B above the previous peak.
A significant decline in wave C is a plausible scenario, but confirmation is still needed.
We are watching for an impulsive decline and a break below the wave A low near 7,560.
Evidence, not certainty.
$SPX