Monday, December 6, 2021

SPX Update


Last update discussed the intermediate green line, and SPX again found support in that zone on Friday:

Near-term, still no overlap of the first waves, so still can't rule out the fourth wave option.  In gray is just one near-term potential if the fourth wave doesn't show up... but this is a difficult overlapping mess of a wave (in the downward direction) since the ATH, so take it with a grain of salt:

In conclusion, not much else to add to the past week's-worth of updates.  Trade safe.

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