skrotkalle

SPX daily , wild guess to predict the future, try wave-counting

Short
skrotkalle Updated   
FX:SPX500   S&P 500 Index
SPX daily , a wild guess to predict the future, and a try to wave-count.... I'm no expert, but one has to try once and a while.
Perhaps the "repo-injection" (FED), still works some more days, into early in february ?? Who knows when this don't work so good more ?
China-virus (SAR ?) is well known now, and will develop w more deaths every day, + perhaps air-traffic will get some hurt, + other restrictions... special in China - Asia around.
I belive spx will have to correct some soon... into that blue wave IV (4) down... we'll see. Wait for more confirmation....
Comment:
look at this similar and exact wave-pattern, to this wave 3 - 4 ... we now should have leg up >> leg 5 in (5) biggee 5 and III... if I'm correct in my wave-counting. Bull dvg in 4h now, if this 3280-level holds.
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