SPX can't even make it back up to the 38.2 fib which is totally
weak. Lends creedence to Steve's opinion that this could be just a
wave 4 going sideways and then have another drop down soon.
like I said yesterday, that 60 min chart is not a good bottom
look, more like a bear flag wave 4, ultimately I think over time we
fill that gap below to around the 5000 area
maybe occurs by OPEX this week, then some sort of trade low
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Posted by steve on 17th of Apr 2024 at 10:13 am
$SPX - Chart Link
QQQ - Chart Link
SPX can't even make it
Posted by DK on 17th of Apr 2024 at 10:22 am
SPX can't even make it back up to the 38.2 fib which is totally weak. Lends creedence to Steve's opinion that this could be just a wave 4 going sideways and then have another drop down soon.
Yes indeed DK
Posted by steve on 17th of Apr 2024 at 11:32 am
Yes indeed DK
like I said yesterday, that
Posted by matt on 17th of Apr 2024 at 10:32 am
like I said yesterday, that 60 min chart is not a good bottom look, more like a bear flag wave 4, ultimately I think over time we fill that gap below to around the 5000 area
maybe occurs by OPEX this week, then some sort of trade low