Ron_M_Morin

Is this count correct?

Short
FX:SPX500   S&P 500 Index
0
I wish I knew. Though this is my primary count, I'm sitting on the sidelines waiting for the market to tip its hand. My gut tells me this market wants to go up--but can it? The bulls can't count on the FED. Fundamentals are worsening. Momentum and breadth are wanting. And the Bulls are as bullish as ever. We should know soon. Either we will start down in earnest soon OR we will attempt a new ATH in some indexes, which will create a bearish divergence. Whatever happens in the next couple of trading days, the future looks bleak. GL

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