SPX topping again? S&P500 retrace done or soon will be.
Aggiornato
Stock Markets in general look to have topped for now.
Observing the S&P500 because it has been the most bullish.
After an impressive bounce, it is coming due for a pullback.
Due to Gov shut down and trade wars, we should see a leg down.
This index has already touched and failed at two resistance zones.
The Green zones represent support areas, where bonces will occur.
There will also be "Dip Buyers" that will become "Rip Sellers" soon.
We may see on more small leg UP for a 'Blow off Top" to this wave.
If we do get another leg up, I expect 2700 to be strong resistance.
Bulls beware the "Wide Open Space" between 2520 and 2440.
If the zone at 2520 fails, then it will be a quick drop to 2440.
Bears might also target that space for a quick high gain short.
NOTES:
Drag DOWN on price scale to see more zones above and below.
Drag UP on the price scale to remove overlaps in numbers.
Drag RIGHT on Time scale for history and Fib originations.
Observing the S&P500 because it has been the most bullish.
After an impressive bounce, it is coming due for a pullback.
Due to Gov shut down and trade wars, we should see a leg down.
This index has already touched and failed at two resistance zones.
The Green zones represent support areas, where bonces will occur.
There will also be "Dip Buyers" that will become "Rip Sellers" soon.
We may see on more small leg UP for a 'Blow off Top" to this wave.
If we do get another leg up, I expect 2700 to be strong resistance.
Bulls beware the "Wide Open Space" between 2520 and 2440.
If the zone at 2520 fails, then it will be a quick drop to 2440.
Bears might also target that space for a quick high gain short.
NOTES:
Drag DOWN on price scale to see more zones above and below.
Drag UP on the price scale to remove overlaps in numbers.
Drag RIGHT on Time scale for history and Fib originations.
Nota
First leg is under way Close up shows confirmation of each zone
Nota
Quick Fib on leg down from US open .
Nota
I am seeing two Impulses and their Ripples .
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The above two fibs placed onto the original chart .
Nota
zoomed way in, we are right at a critical line going into NY open Nota
SPX struggling against a green ceiling around 2640 Looking at the bounce
Here is a nice look at that Green fib series isolated
Nota
Market looked to have double topped at the resistance zone, but then broke out 
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