SnP500 Update. Where the heck is this train rocketing to? SPX
Thought I'd give you guys an update on SPX. Look, I don't think we are at the end of the train ride here. Choo-Choo!
This appears to me as a beginning of Wave 4 of 5, meaning that there is one more impulse at least before the roller coaster ends. RSI with no daily, weekly divergences. Fear and Greed Index is greedy but not extremely so. Now targets are fib trend extensions. The two targets are in ?dark blue/green. Invalidation in red. Expecting to reach either target at the two ?purple verticals. Let's see what Monday has in store for us.
This appears to me as a beginning of Wave 4 of 5, meaning that there is one more impulse at least before the roller coaster ends. RSI with no daily, weekly divergences. Fear and Greed Index is greedy but not extremely so. Now targets are fib trend extensions. The two targets are in ?dark blue/green. Invalidation in red. Expecting to reach either target at the two ?purple verticals. Let's see what Monday has in store for us.