SPX500 - What will happen at the previous top?

13 thg 12, 2021

At first when the index turned back upward I thought it would be a fast affair to the previous top. When it started to grind, I then thought it would still make the old top but would develop as a diagonal. It seems it's doing both now. The internal wave structure still looks like a series of 3 waves. So I'm expecting the result to be that it finishes it's form inside the diagonal triangular lines drawn. The next 24 hours will tell the story.

13 thg 12, 2021

Ghi chú

The move up turned into a typical EW 5 wave impulsive. Is the top in place? Still watching 4488