FX:SPX500 S&P 500 index of US listed shares
Throw a big stone into the pond and watch the waves.
good analogy. this was a very powerful move up. the energy from the Day wave needs to wind out before we can turn over... but when we do, it should be a quick 10% decline. The weekly wave is showing major bearish divergence and once it turns over it will quickly be below zero which will greatly accelerate the move.