Two patterns to monitor here:
1. - Completion near 2080
2. - Completion near 2140 (new record high)
The two patterns are actually one pattern with two interpretations
The A,B and C points are exactly the same - The only difference is the D point.
Since B is very close to the 78.6 Fib level, some will consider it a .. and yet, since it didn't touch the 78.6, some will consider it a .
With the Holidays Spirit, we can definitely see $SPX continues on Santa Rally to new high... and than again, this is the Holidays Season so I really don't trust the low price action.
You can consider this setup as two different setups - A setup with a stop loss above 2100 and, in case that it will fail, the next sell zone will be near 2140 with the completion
Right now, as I'm writing these lines, it looks like $SPX will attempt to reach at least to 2100
i]Tomer, The MarketZone
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