The price is moving within the scenario I indicated previously - tradingview.com/chart/SPX500/xafbEcQw-SPX500-Update/. The subdivisions to day make me expect an expanded flat (abc in red) which should spark another wave of volatility next week. After that I expect a strong rally into early December.
Both waves c in red and (c) in blue represent very good trading opportunities. Will post a bigger chart next.
Looks very sensible. Red wave C does look like a great trading opp and I would prefer to be long than short running into year-end. Hope it becomes available. I don’t think I will play the red B wave. V risky.