Strike Analytics

S&P 500

17 Mar 202006:09 AM

Recently low readings in sentiment gave us only one day bounces in the US indices. So we have a reading of 4% again. Now the entire fall is 9 waves from the top so we can again call this an impulse and maybe complete. But if I try marking 5 waves as shown then the 5th wave is truncated. Unusual and so I would like to see a real reversal in price with volatility. 

snp 170320

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