SPX: Long-term trend – Is the long-term trend resuming? Is this a B-wave? Too early to tell! Intermediate trend – The trend which started at 2346 appears to be decelerating and forming a top. Analysis ...
The DOW and S&P500 are in ending diagonal patterns, indicating that the rally is near completion in a terminal pattern. We should see further choppy upside to complete the pattern, but when ending ...
Over a week ago, the S&P 500 was about to invalidate an impulse pattern higher. By now it has invalidate it, and the index is now in what is called, in Elliott Wave Principle (EWP) terms, a diagonal ...