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MalayKJ

S&P 500 - Elliott Wave Analysis 2023.05.20

Short
S&P 500 Index (SP:SPX)  
MalayKJ  
SP:SPX   S&P 500 Index
Elliott Wave Wave Analysis SPX (S&P 500 Index)
6
0
elliottwaves waveanalysis spx
SPX semms to be moving into ABC corrective pattern after completing 5 impulse waves.

Also, RSI divergence very clearly visible on daily chart.

Next wave will be a down wave in coming week(s) taking the index to the support level marked on the chart.
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