Thursday 31 January 2019

S&P 500 Index

The bounce wave is impulsive, thereby it is minor wave 1. The retrace of Primary wave [2] is at 61.8%. The minute 5th wave appears to be complete when viewed on a 15 min chart. Minor wave 2 will now almost certainly commence.



The minute 3rd wave [iii] reveals the structure of its extension. 



LINK:   SMI Index

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