mikeoakster

S&P 500 getting hotter

Short
SP:SPX   S&P 500 Index
I'm counting dark green 4 as corrective, so I'm changing the previous dark green a-b-c to an impulse, giving room to a final 5th wave up.

Therefore, I'm long in the short-term, looking forward to sell soon. One important sell signal would be the break down of the trend line which has been supporting the rally since the beginning of October.

So, it seems to as things are getting hotter as we approach the moment of truth: new all time highs or collapse or... none?
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