wolfah

SPX (Part 7b) only for the very shortterm!

TVC:SPX   S&P 500 Index
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Probably, SPX (15' scale) has finished "Micro"-wave 1 of the impulswave c. During the next one or two trading sessions, there will be wave 2 (corrective pattern and looking "bullish") to the level 2360. See resistance lines (blue). Wave 3 will lead os to the levels, described in my first part (Part 7)!

BTW; diamonds (pattern, best seen on 1') are for the girls and not for the boys!
Comment: SPX will probably retest the 2363.7 area in a 3rd attempt (!). If it breaks through, I'm wrong, if not, take care!
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