yeah that said that's only about 30 S&P 500 points, these
days you get sometimes on a 5 min candle
I will say that the charts for now still suggest we have at
least a wave A low and working on a B wave lower high, some
pullback won't negate that unless market were to really dump hard,
which is obviously possible. The bounce off the lows wasn't
enough to complete a wave B, so even if we were to retest or make
new lows to me it would still be part of wave A down. The
most bearish view would be wave 1 down, which I don't favor at this
time.
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yeah that said that's only
Weekend Market
Posted by matt on 4th of Apr 2026 at 05:37 pm
yeah that said that's only about 30 S&P 500 points, these days you get sometimes on a 5 min candle
I will say that the charts for now still suggest we have at least a wave A low and working on a B wave lower high, some pullback won't negate that unless market were to really dump hard, which is obviously possible. The bounce off the lows wasn't enough to complete a wave B, so even if we were to retest or make new lows to me it would still be part of wave A down. The most bearish view would be wave 1 down, which I don't favor at this time.