Fomenka

#SP500 Update #SPY #SPX #ES1!

FX:SPX500   S&P 500 Index
Last week I expected a more pronounced correction (wave b) that never materialised, so I did not do any trading in SP500.

This week I expect the market to form a local top by either doing an expanding diagonal (blue) or by tracing an impulse wave (black labels (4)(5)).

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