Sorry guys, i know that you are bearish on short time, but what's different in this downside with the past, since this bear rally? Truly, i don't see nothing.
Only i can see are two/fours days with corrective waves and then the bulls control the trend again. So, i expect, for the last time, that the bulls control again this trend.
We must have some patience to kill this bull.
Not change my counts and it's possible some kind of rally at this point. Let's see what happens.
Too choppy to consider this fall as an impulsive wave and the beginning of a new downtrend. SPX is on wave iv and possible will do an abc or a triangle.
Some triangle (wave iv) or an ending diagonal/wedge in this possible wave v.
Triangle in play (as you know triangles are hard to count). Don't see any reason to enter short. For me this is still a corrective wave.
An alternative count due maybe SPX still in wave iv (some triangle).
Hope the weekend was good for all of you. For now this seems to be the best count for SPX. Possible test to MA 200 will be the next and final (?) target of this uptrend.
Do you remember this chart?
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgbgy7mMt-rzOhr8MvyuYwj_j_DxpA70Cq8evuYckN9JCe_V-gJV4MhTTmXcPuOMpMH7MykKfhg7QkiGC6lv3M69Az-OrsvyAWsE761prD1b8XNsVzZ7ahn32TPOVPyJjb-UrOhV6Qlb8uj/s1600-h/spx_bull.jpg
I wish all the supporters of my husband a great weekend. I do not understand, neither want understand these waves, but wish good luck to all. Enjoy the weekend and today I chose the music!! He promise to make the updates during this weekend...but now is time to rest and...
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