Indeks S&P 500Short
SPX hide you kids, hide yo wife?
Is this the beginning of a bigger move down? or a dip?
Rejected off of the Larger downward trendline.
Broke down out of the upward trendline.
Broke the proposed wave 4.
At an important level here to keep an eye on. It as flipped back and forth from support to resistance, then willy wonka'd and reversed it from resistance to support.
SO watching 3910 area to see if it holds again. A break under will be watching for a corrective retest, throwback...Wave dependent.
If you have found this inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave on comment! Also, check out the links in my signature to get to know me better! Cheers!
Rejected off of the Larger downward trendline.
Broke down out of the upward trendline.
Broke the proposed wave 4.
At an important level here to keep an eye on. It as flipped back and forth from support to resistance, then willy wonka'd and reversed it from resistance to support.
SO watching 3910 area to see if it holds again. A break under will be watching for a corrective retest, throwback...Wave dependent.
If you have found this inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave on comment! Also, check out the links in my signature to get to know me better! Cheers!
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Trade Devils University Sensei: tradedevils.com/my-account/?ref=ebquu4
Certified Elliott Wave Analyst Master: t.co/2GQ7uSjJVG?amp=1
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