SPX is the lone index eking out a marginal record high. We will track it as a small-degree B wave-up and monitor the possibility that the blue C may be extending into the green C - currently in wave two-down.
Disclaimer: Each post is for informational purposes only. It is not a solicitation, a recommendation or advice to buy or sell any security or investment product. Information provided in each post does not constitute investment advice.
Friday, April 23, 2021
Friday, April 16, 2021
Saturday, April 10, 2021
Weekend Update - Turn ahead? (4/9/21 close)
The minor degree pattern breakout has been successful and is looking mature (Chart 1).
The patterns counts well as a double or triple zigzag (Chart 2).
Friday, April 2, 2021
Weekend Update - Minor-degree Pattern Breakout (4/1/21 close)
Pattern breakout at a minor degree (Chart 1), awaiting follow-through at a larger degree to potentially finish (Y)-up (Chart 2)
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