Asaadx2

More decline is probable before a sizeable retrace

Asaadx2 Updated   
FOREXCOM:SPX500   S&P 500 Index
Price has been following these pitchfork nicely on the small time frames. Reaction to the warning lines of the red pitchfork and well contained within the blue one. Expecting more decline as the internal wave count on 5 min and 1 min so far doesn't appear to be complete for a full wave down
Comment:
Provisional count of smaller TF
Provisional wave 4 (orange) may continue sideways a bit longer as a triangle or other corrective patterns
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