S&P - Shorter Term - Update
4 hour Chart
I'm looking for a move UP to begin the process of forming a "b" wave.
This should provide a decent opportunity on the long side.
Conservative approach is to confirm a move through the descending white channel.
The upper purple channel line represents a 1.618 move of the structure in the white box
Let's see how this plays out.
I'm looking for a move UP to begin the process of forming a "b" wave.
This should provide a decent opportunity on the long side.
Conservative approach is to confirm a move through the descending white channel.
The upper purple channel line represents a 1.618 move of the structure in the white box
Let's see how this plays out.
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