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selvamB

SPX will bounce

Long
S&P 500 Index (SP:SPX)  
selvamB  
SP:SPX   S&P 500 Index
Wave Analysis Chart Patterns S&P 500 (SPX500) us500long trianglepattren bounceback
4
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waveanalysis chartpattern spx500 us500long trianglepattren bounceback
As 5 waves ABCDE Completed in a triangle pattern
Either Z wave has to extend or E2 wave (3 wave ABC) to form.
This week's price action will tell you the direction of the market. In both the cases SPX will bounce for recovery wave 'A'
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