Tagged: S&P 500

SPX 1131: Quite a line 2

SPX 1131: Quite a line

Prophet.net SPX has now retraced through it’s breakaway area from January. This is a common stopping point for countertrend rallies — basically the area of fastest decline when the crowd had its moment of...

5-wave impulsive decline in SPX 0

5-wave impulsive decline in SPX

Prophet.net Likely at least a bit more downside here, maybe even a trend lower all day to 1085. Adjust those stops though! This move now qualifies as complete, so we could snap up at...