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UnknownUnicorn540299

SPX: The next dip

Short
S&P 500 Index (SP:SPX)  
UnknownUnicorn540299 Updated   
SP:SPX   S&P 500 Index
Wave Analysis
7
2
waveanalysis
Price is moving inside a channel. Reached the channel wall and what seems to be a w3 inside the channel is close to completion
Comment:
It (the dip) has the potential to go deeper than the level indicated on chart, because of the law/guideline of alteration; the W2 was quite sideways in its nature. Perhaps could even gapfill the 2465.
Comment:
Sellers showed up. That's good. I thought all had died. More healthy in a market with both up and down movements. Lol
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