Schnauzel

SPX the bigger picture

TVC:SPX   The Standard&Poor's Index
65 0 2
The best part of the upside is behind us. The second wave is almost done, 3 or 4 days left. It should provide ample entry opportunities to setup for the 3rd wave down which should test the secular bull trendline .
Comment:
snapshot
Comment: The C wave of the second wave has now completed 1-2-3. We are in the 4th wave.
Since the second wave has been rather simple we should expect a complex 4th, wich should gyrate in the 2151 -2182 area

snapshot
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