SPX

area of interest

Comment:

Hit median line of lower sloping pitchfork

Comment:

Seems like the timing element is off (green and pink equal legs timing target). We are trending sideways and hugging the lower median line of the steeper sloping pitchfork and we seem to have bounced off the dashed red median line of the less steep pitchfork. Price component is still on track.

Comment:

Back into steeper sloping pitchfork. Watch for re-test and position for test of median line.