SPX gonna test new lows...
Komen:
SPX is making a flat correction. I am still looking for one leg down.
Komen:
This gap has to be filled, is it filled already ? IMO not yet, still has to come up a little bit, before going down.
Komen:
gap is filled, price is likely to reverse downside, to complete flat correction..
Komen:
Komen:
after flat correction will be completed, upside likely to resume, for the last 5-th wave up.
Komen:
watch for bounce to the upside.
Komen:
Komen:
possible scenarios, eather flat or triangle correction, before dropping again.
Komen:
scenario playing out as anticipated
Komen:
history is repeating ?