Top Could be in Place in the S&P 500

Top could be in here at the 1:1 extension confluent with the ML of the channel and the 2-year key horizontal level (around 2875). Notice that the C of the Y would be short here, like the C of the W. We are just below the GZ. We are drifting away from the ML of the PF. Nice 4H bearish divergence. Lets see what happens before the close.
Chart PatternsTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)spx500forecastspx500longspx500shortUS SPX 500SPXSspxshortWave Analysis

Also on:

Disclaimer