Monday, December 13, 2021

SPX Update: No Material Change

Still not too much to add to the past couple weeks of updates; the market has been trading sideways/up since December 7.  Obviously, the Bull: 5 count remains active:

Bigger picture, if bulls do get their low-degree fifth wave here, then (barring a fifth wave extension) that will have potential to complete the rally at one or more wave degrees, up to and including the entire bull wave since 2009.  

In conclusion, no material change from the past few updates.  Trade safe.

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