View: SPX: Follow Up of the Short Term EWP | The wave trading
SPX: Follow Up of the Short Term EWP | The wave trading
SPX: FOLLOW UP OF THE SHORT TERM EWP
Tomorrow morning I will not be able to post an update
My view is that price has not completed yet the Triple Zag off the November lows, instead price has began a pullback wave (B) of the third Zig Zag that should bottom in the range 1416-1410 from where I expect the kick off of the last wave (C) up of (Z). In other word we should have the usual Santa rally into year end.
If price breaches the pivot support at 1398.23 I will reassess the short term bullish scenario.
Below I attach the recent comments posted today on Twitter/Stocktwits (in order of posting):
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