SPX (S&P 500) indeed commenced the previously posted Bullish Rally.
As per the Wave Counts labeled on the charts below, SPX very much looks like it’s trading within the Grand Super-Cycle ABC (red) Structure.
Wave Count is suggesting that a Deep Bearish Contraction could possibly occur for SPX, as multiple signs point towards 2500.00 Levels as being a Significant Resistance, which could push SPX towards 2350.00 Levels.
More details in private...
As per the Wave Counts labeled on the charts below, SPX very much looks like it’s trading within the Grand Super-Cycle ABC (red) Structure.
Wave Count is suggesting that a Deep Bearish Contraction could possibly occur for SPX, as multiple signs point towards 2500.00 Levels as being a Significant Resistance, which could push SPX towards 2350.00 Levels.
More details in private...
