I Have Found Some Wave Balance

Looking some more late last night and this morning, I may have found something.

If yesterday’s high holds, there is balance here, both internally and externally. And if so, this ridiculous chop we’ve been in has been a “B-Wave” (of a larger degree than I was expecting), which would make sense as this has been hell, and that’s what B-Waves often are. So, we may not need to hit 3960 in the cash session in order for me to be satisfied that the rally is over..

SPX


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