FX:SPX500   S&P 500 index of US listed shares
61 0 1
Labelled as in red. What I'm watching is the formation of the wave (arrowed red), by a little upthrust could easily be motive.
Other considerations:
1) wave (v) difficult to label, doing odd inverted turns, not wholly confident.
2) the alt labelling would be somewhat supported by fractal in practice, i.e the previous larger wave 4 also unfolded in a similar way.
The 0.618 retracement target met on the Dow & Nasdaq, here it lies at about 2004
Let it prove itself. Patience & alternatives.
"It's not what you don't know that gets you into trouble, it's what you know for certain that just ain't true" Mark Twain, courtesy of Howard Marks.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out