mikeoakster
Short

S&P 500... good to sell?

SP:SPX   S&P 500 Index
Updating my last count with some more lower degree labeling.

The red ascending trend line has not been broken yet (need a confirmation), and, although the HA candle kept being black, it made a higher high, so if price keeps rising and makes a white candle...

Yesterday's rise seems to me as having a corrective structure, more precisely a C=2xA zigzag , so I'm keeping my plan, which means I'm expecting a wave to the downside to complete the subminuette wave a.

One last detailed note: micro wave B stopped at 78,6% retracement of micro wave A...

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