SPX remains bullish against wave ii upside target

On the hourly time frame, we remain bullish and favoring this current breakout on the S&P before a completed 5-wave impulse. Immediate wave (iii) upside targeting the 4148 level and then at 4284 completing a minor degree impulsive 5 waves structure.
Beyond Technical AnalysisSPX (S&P 500 Index)S&P 500 (SPX500)spxlongWave Analysis

Also on:

Disclaimer