SPX500- the CPI face lift

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One more high at open and probably a bit higher. Fib measurements around 4230 area should be it if this is a "C" leg (1.618 X "A"). Higher than 4250 and likely 4300 is next resistance to be tested and then the C leg idea becomes questionable. OIl also should get to around 93-94. If it breaks 95 and holds, it could also rally hard.

Personally adding shorts slowly from today. Expecting a reversal tomorrow or Friday. Good luck!
Ghi chú
possible resistance here. 4220 still the area I think it gets to, but maybe not. ảnh chụp nhanh
Ghi chú
OIL 93-94 incoming. Expecting a false break like before. ảnh chụp nhanh
Chart PatternsS&P 500 E-Mini FuturesTechnical IndicatorsS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Wave Analysis

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