The decline today broke the channel wall on the c of 3 wave on the chart. Ideally, we can cross the larger channel / expanding wedge over the next 7 days. A zig-zag would be great here, and probably draw in enough early shorts to provide fuel for the last run to the top.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgy-8T2ZoPo-DDTEhvI1hEgJtLFaNoVQFXH8ZK-hsd-gmjOCfxV4Yqxszu3nfQkgX9-sT4ZEAx-ewuBRSRxZ4Lf5XJF0OFDDTKlWDq6H7XSaN9c0_gtdIL3P1QZ9-CfMMlnhrOUCo8Tgc4/s320/SPX+01-30.png) |
SPX 01-30 |
1 comment:
With this mad push today (yesterday, for me) I would say this bull 'll run for the headshot till the middle of the next week.
SP ~ 1560, maybe. With a nice gap for the last day.
We will se. I do more like your version, actually.
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