Seems SPX is nearing profit pivot. expect a few more waves higher. Then a larger 8%-10% correction. will likely hold through or with some profit around 6350-ish. This expected wave-02 correction will likely be the last real opportunity to close any remaining short positions.
Trade active
Trade closed: target reached
6,300 -ish , looking just as likely, calling top is a fools game , but profits could be a reasonable Note
The correction could be a shallow wave 2, so after 3 wave down I will have an entry above the b-wave if market decides to continue higher Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.