$SPX Update

The strength here inclines me to believe we are either in a four of a higher degree than I had thought.

If we are in a 4 of a larger degree (the Green 4 I expected to still be ahead of us), we should turn lower soon and head down for Green 5 (or Blue 1 of that Green 5). The huge disadvantage of this count is the ridiculous 5 blue waves leading to the Green 3. That doesn’t look right to me, but I can’t deny that we’re not doing what I was expecting here, so it’s possible.


Note: When articles are first posted, most of them are made available only to my Patreon supporters (I do try to publish some public posts on occasion). Over time (usually after a period of a few weeks or so), I make all of the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page. In a nutshell, patrons of any denomination (you get to pick the amount) will be able to read my weekend analyses, Tier 1 members ($20/mo.) get access to all of the articles I write, and Tier 2 members ($35/mo.) get access to those, plus counts on other instruments and my Discord chatroom.

Leave a Reply

Your email address will not be published. Required fields are marked *