Wednesday, 20 June 2018

S&P 500 Index

The pattern that has formed displays the characteristics of a leading diagonal such as is often seen in the first wave. Negative sentiment is peaking and a Bradley turn point approaches [http://sentimentsignals.blogspot.com]. And then the Swiss SMI has just breached long term support. 
If a correction is due then the best one would be a wave (ii) otherwise it would be the one that follows from if wave (i) is actually a failed wave 5.


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