Ron_M_Morin

Bulls lose steam

Short
FX:SPX500   S&P 500 Index
2
Looks like the bulls just don't have enough oomph to push this wave 2 any higher. With 4 good days of bullish trying, the bears just refused to give up--about time. If this count is right, wave 3 of 5 of (1) should start down about now. GL

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.