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BelaK
Nov 12, 2023 3:43 PM

The Aug - Oct decline is ambiguous to me 

US SP 500 CFDFOREX.com

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The move down from Aug - Oct is iffy, it's come down in five semi-equal legs but I can't see it as a WXYXZ pattern.
I am inclined to think that (in this overheated market) this was a three waves down and now we are finishing a three wave running flat as B wave.
To finish this larger ABC off, now will come a three-ish month leg down for EOY tax loss harvesting.
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