Which is also a - sometimes tops occur on new moons.
In analysis there is always a alternate count to counts.
Illustrated is one of two possible counts that could be complete at SPX 2800. If necessary
I will post the other wave count in a future post.
I still believe the main trend is up with a significant top projection in the 3050 area and at the same time recognize the need to be prepared in case
the stock market changes its opinion.
With the SPX nearing the next a possible down turn could begin soon.
I will issue updated posts when necessary. As always if you find this post useful - leave a like. If you are not a follower please join.