SPX500 - What will happen at the previous top?
Updated
At first when the index turned back upward I thought it would be a fast affair to the previous top. When it started to grind, I then thought it would still make the old top but would develop as a diagonal. It seems it's doing both now. The internal wave structure still looks like a series of 3 waves. So I'm expecting the result to be that it finishes it's form inside the diagonal triangular lines drawn. The next 24 hours will tell the story.
Note
The move up turned into a typical EW 5 wave impulsive. Is the top in place? Still watching 4488
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