Fomenka

SPX500 Update - Medium Term Outlook 👁️

FX:SPX500   S&P 500 Index
I think the decline is over and we are in the uptrend to new highs (after some correction in wave B).

My wave count has been critised for outsized wave (Y) compared to (W). Also, it is possible that wave (W) ended lower (where I have red X) - this way waves (W) and (Y) come out more balanced.

Other than those comments (that I consider relatively minor) the count has proved to be robust as no further irregularities were spotted.

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