SPX will bounce

By selvamB
As 5 waves ABCDE Completed in a triangle pattern
Either Z wave has to extend or E2 wave (3 wave ABC) to form.
This week's price action will tell you the direction of the market. In both the cases SPX will bounce for recovery wave 'A'
bouncebackChart PatternsS&P 500 (SPX500)trianglepattrenus500longWave Analysis

Disclaimer