Wednesday, May 13, 2020

5/13/2020 - Mid Day Update

[Update]

This is what the squiggles look like

5 Min


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Something to consider is a wave (2) flat ending with today's touch of the 2800 level or thereabouts.

We will just have to see. Some form of bounce off 2800 will occur, whether for wave ii of c of (2) or the start of wave (3) higher.

First, let's keep an eye on this current flush as some form of extended wave 3 of i of c of (2).  Breaking 2800 will help confirm that.



SPX- 60 Min