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Looking At New Bottom For Minute Wave 4

Short
SP:SPX   S&P 500 Index
Based on today's movement, the diversion in the moving average I track confirm the index still has room to drop. Good news has the bottom tomorrow. Bad news, the bottom is still one day away. I will update my article on the top of minute wave 5 once 4 ends.

Bottom appears to be between 2868 and 2876. Not far, but will be quick.

Stay tuned for more!

All forecasts are based on analysis of past behavior. Prior movements are not always indicative of future movement. Develop the theory, test the theory. Do your own research. Nothing in this analysis constitutes advice. YouTube For More. Good luck!!
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