S&P 500 Index (Daily): Technical Analysis, Near-Term Projection

Detailed continuation of the idea linked below.

Hoping at least three people tell me I'm wrong.

Before you do, this last "C" count is based on my opinion that it is a terminal pattern with a 5th wave horizontal triangle, so keep in mind that many of the typical rules (mostly overlap) do not apply.

SPX

Comentário:

Alternatively (irrelevantly), you could shift (b:3) over to (2) and start the parenthetical, impulse sub-wave count start where "1" is.

Does not matter, the higher degree count is unaffected.

Trade ativo:

Nearly there..

Trade ativo:

Updated setup as of 03-04-2021:

Should be a bloodbath.

Trade ativo:

Technical Analysis Update: None.

If crypto falls, every other blown-up piece of garbage in the broader market will perish accordingly.