Hello traders! Many times in previous post we talked about a primary wave (B) to the upside to conclude above 4300 for the S&P. We believe that we are currently going for wave 5 of C, as also the inverse head and shoulder suggests. clearer picture on Nasdaq, where W pattern and descending broadenign wedge are targeting at least 13600 for this upside correction (end of double zig zag). There we will re consider the possibility of a short, tracking the possible Wolfe Wave in the making. For now, we opened a small long at the recent dip at 12909.1. Will update below! Bests! GMR