Market weakness
SPX movings looks less impulsive then before. Despite on 3rd wave threre is no big impulse on market - everything is below mediane line. I'm sure it's negative sign for index middle-term future.
The important moment, in my opinion, is moving close to 50% mediane. If price breaks it and goes up rise will be limited for LONGs.
At the same time, price move under 50% mediane line will lead to healthy correction. I'm going to wait and use the correction for middle-term LONG.
The important moment, in my opinion, is moving close to 50% mediane. If price breaks it and goes up rise will be limited for LONGs.
At the same time, price move under 50% mediane line will lead to healthy correction. I'm going to wait and use the correction for middle-term LONG.
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