S&P analysis: Where do we go from here?
Despite the fund injection and emergency rate cut coming from the Fed to hold up the markets, the markets did exactly the opposite and fell lower over the course of last week.
This is what I see for now:
- If we have really completed a 5-wave impulsive EW movement up, then we are due for a 3-wave (a-b-c) corrective EW...
![SPX: S&P [1-3 months view]](https://s3.tradingview.com/j/jjQz0qw6_mid.png "S&P [1-3 months view]")
