[EOD] Stocks -
SPX is approach the Fib-618 retrace (Chart 1 blue) and the end of a potential flat structure (Chart 1 blue and Chart 2). A fresh upswing or 4th wave rebound/consolidation(Chart 1 red) is likely next.Note the persistent positive divergences of late.
Chart 3 shows the structure of the Hope Rally and Chart 4 updates the potential fractal discussed in the recent weekend commentary.
[1145am] SPX squiggles -
correction tracking counts. see chart.
[1035am] SPX update -
[810am] ES update - see charts