XAUUSD Gold to have reached top of wave 3 showing traits of change in direction. Let's see how it goes.
My not-so-professional Elliot wave analysis on SPX, will S&P be able to rise through the 1.618 resistance @3330? If 3330 indeed is the top-end of wave b, then the downside could potentially reach 2313. All eyes on your positions.
I wouldn't suggest a long position unless u want to capture the short term profits on the upcoming b wave.