I am trying hard to identify a point of reversal of S&P and since I don't find any yet I decided to look at JPN225 for its wave count as well, as anyway the markets will all reverse at the same time. JPN waves seem a little bit clearer, at least there is an ending diagonal with a nicer wave structure than in S&P.
I think there is still one wave up to go, possibly for a few weeks or a month before we reach a reversal.
I will make a close-up of the last 5th wave in the next post.
I think there is still one wave up to go, possibly for a few weeks or a month before we reach a reversal.
I will make a close-up of the last 5th wave in the next post.