XJO breaking out at 6200 Showing some weakness heading into next week, With 5 internal swings in this ascending triangle, looking to break out at 6200
After breaking the ascending triangle at the 6300 area The XJO should head higher to complete wave 5 around the 6487 area Looking for a pullback around 6487 Then a ABC correction
Looking for 5 internal swings to complete this rising wedge
Looking for the S&P to retrace back to the 50-61.8% retracement zone after failing to break resistance of 2820. We are also just sitting under the 200 day MA having broken through it last week