![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgaSw8OeRdmuzEB0ZDIla_0KDUUDNdn6vrC6mXXWdtXuJ6pSRO51EHD2VK0OYUXz2RvS1TsxD3DtdXUPBIivSN7GbaUiYzkmLLuVg7dm68KJAgICMzbDQumxeYUKimXvfQ2vDgR1rgBK_c/s200/spx.jpg)
This last move to new lows looks like corrective but i see already 5 waves to the upside. So i need more data to understand this movement. On other hand, i would like to see some bearish divergency if spx goes to new highs. I still wait the 89x's to be short.