FX:SPX500   S&P 500 Index
63 0
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.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out