The bears need an impulse wave to the downside. For this the 1295 is the key. The bulls may have another zig zag for the upside. Let's see what "they" do.
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Still looking for some ending pattern in this last wave as ED or bearish weadge. For now there are several alternative counts in this last pattern. However all of them should incorporate zig zags.
As expected new highs were made this week and now let's see if SPX is close to finish his movement or will do some extention. I will prefer some zig zags and possible ED or bearish wedge formation in this last wave.
I was expected some sideways on wave 4 of 5. These sideways are happening since last week so my primary count at medium still the same. At short term, this wave 4 of 5 is labelling a triangle or some complex corrective pattern.
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