Depends how you count it ...

FX:SPX500   S&P 500 Index
51 0 0
Mentioned this, previous post, a 'b' wave. Comparing to other less print pumped indices, e.g Eurostoxx (faintly in background), apart from significant % scale difference, a case for this current bull market being the most enormous expanded flat in history (not wholly my idea). My focus is a potential error in the wave count.
My previous recent posts note the 2022 high as wave 5, based on 2011 high/low as 1&2. I think strong potential that is incorrect, as THE major top, 5 of 3, could be, & what we have just seen is a wave 4 (or part of) , & a practice run. Sneaking in one more high? Maybe. Quite possible, considering ending formations.
Labelled here broadly consistent with how I might be inclined to interpret the Eurostoxx, which appears to still be corrective.
Gonna experiment / comb through it over the weekend, but market distortions could be a understatement.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out