H&S... Decision time for major indexesBreak above neckline means we will continue to 269-270. Break under major support (back from Dec 24), means we have finished the A wave and are headed towards PT1:258, PT2: 253, PT3: 248. Lots of negative news today with Trump/Pelosi, so I like to think we have finished the A wave. However, semi conductors have propped the market up nicely today. Eliot wave analysis fits well with the 5 count being complete even tho we fell short of the fib level at 270. I am going short about 75% into my position since I know I will be up even if we hit 270 now. Finishing off my position upon validation of the trend.
