Some Post-Market Thoughts on the S&P

Compatible with both the bullish and bearish pictures, I would still expect some more of this drop to be retraced. What I have pictured below is the bullish count, but that need not be the case, as we may just be “one-twoing” our way down still. Regardless of that, we have the head and shoulders neckline above us, and that should be retested, I would expect. Noting as much in Discord this morning, I discussed how I have taken some calls, expecting such a move over the next few days.

So, hopefully we see another leg up, at least.

SPX


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