Strike Analytics

S&P

26 Mar 201807:01 AM

S&P - the RSI is back to the sub 30 level as last seen at the Feb lows, will these readings again act as support near term? Maybe

snp260318

The big picture however remains that we completed a 5 wave advance. In wave 1 circle, do note the triangle in wave 4 of 1. Then for alternation note that wave 2 was a zig-zag and wave 4 was a flat. We are now at the top end of wave 5.

snp260318a

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