TradingSurfers

Is the S&P 500 Finally Going To Dump?

Short
OANDA:SPX500USD   Indice S&P 500
There are few little issues in here such as the EW structures of pink submicro 1 of A of Y and especially pink sub-micro 2 which looks like a little impulse. These issues can be observed at a low TF. Geometry is super clean here: slopes are great (Y<W), subminuette X ended right at the ML of the channel, retest of the channel from below, ML of PF untouched and now far away... Dumping today would drastically increase confidence in this count.

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