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peterdcharlebois

SPX500 - Still not a clear direction.

Indice S&P 500 (OANDA:SPX500USD)  
peterdcharlebois  
OANDA:SPX500USD   Indice S&P 500
Support and Resistance Wedge Elliott Wave
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supportandresistance wedgepattern elliottwaves
Not a clear direction with a stall at the bottom trendline. And the shape of the retrace could fool me into thinking the move down is ready to resume.
At this point I really want to see a strong retrace then a break below 4580 as this could still be a developing ending diagonal

Idee correlate

peterdcharlebois
SPX500 - Critical support now at 4583 - Possible new top?
peterdcharlebois
SPX500 - Starting to look very bearish
peterdcharlebois
SPX 500 - Move to 4700 as expected.
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