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Geofftv1

SPX - Possible short very soon.

Indice S&P 500 (SP:SPX)  
Geofftv1  
SP:SPX   Indice S&P 500
Trend Analysis Chart Patterns Wave Analysis
5
0
trendanalysis chartpattern waveanalysis
Previously I have suggested that SPX is following a pattern sugesting that from the ATH
A leading diagonal is forming.
This chart places labels on this idea with SPX currently in the final stages of the a,b,c
Forming wave 2.
Wave 2 is fast approaching the long term channel resistance on weakening momentum.
I know I am one of the minority on this site forecasting a short may be soon prudent !

Good Luck.
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