Quick answer it's possible but depends if the current wave 5
subdivides higher over time to eclipse 3000 allowing other indices
to make new highs such as the DOW, NYSE. Trade your plan in
accordance with your objectives. With divergences in place on
the Weekly charts, it's wise to monitor closely and develop an exit
strategy for swings that fits your style.
Would this view have this
Some SPX Mapping Weekly View
Posted by burkmere on 4th of Sep 2018 at 12:07 pm
Would this view have this as a major top then?
Quick answer it's possible but
Posted by steve on 4th of Sep 2018 at 12:30 pm
Quick answer it's possible but depends if the current wave 5 subdivides higher over time to eclipse 3000 allowing other indices to make new highs such as the DOW, NYSE. Trade your plan in accordance with your objectives. With divergences in place on the Weekly charts, it's wise to monitor closely and develop an exit strategy for swings that fits your style.
Thx.
Posted by burkmere on 4th of Sep 2018 at 12:33 pm
Thx.