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Dr_Roboto
Feb 7, 2021 12:41 AM

S&P 500 - I call shenanigans 

SPDR S&P 500 ETF TRUSTArca

Description

This week's rally has all of the signs of a corrective Wave B. I also see it testing the bottom of the rising wedge just like June.

A bear has to dream, right?



Comment

Wednesday, Feb 10 3:21pm. I am still holding out that this pattern is correct. Right now S&P was rejected off the 1.236 fib extension off the low from the other week. That is a pretty nice doji right there at what looks like a top.

Comment

From another perspective using SPX500USD
Comments
deadlypants
keep dreamin
caldooninvestment
The Correction is needed indeed! Nice Work!
Fatema_Ahamed
thanks for this analysis
ProfitHarvest
Let’s see!
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