$SPX hit a short-term top today at 5878!
$.SPX(.SPX)$ hit a short-term top today at 5878!
Now, we’re at a pivotal moment: either we’ve just completed a 3rd & pulling back for a 4th, or we're about to experience a sharp B-Wave decline.
As long as we stay above 5775, the 4th wave scenario is still in play. But if we lose that level, watch out—5700-5650 is the next target on the downside.
Personally, I’m leaning towards the B-Wave decline taking shape.
$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2412(NQmain)$ $Invesco QQQ(QQQ)$
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- SuperDuper1·10-18Agree that’s what I am looking at too.. wave B looks like completing . Note also that NDXE is lagging NDX and probably tipped out ..LikeReport
- KSR·10-19👍LikeReport