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SPX 500 - 5 waves complete, likely bounce today

Oleh the_sunship
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Not sure if the bounce will be all day or half. Expecting a pullback at open and then rally to 3850, maybe even to 3880, then lower.
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retracement may already be done, watch for break of low syot kilat
Nota
OK the retracement looks done (right now at least). Targets for next move down is shown. I doubt they get there today, but you never know. syot kilat
Nota
SPX cash may make another run at the pitchfork fib line, it doesn't have to, but it may. syot kilat
Nota
got there, should reject in this area. syot kilat
Nota
that pitchfork Fib has been very important, They can't get over it, so I'm still bearish for CPI tomorrow. It may be wrong, but I'm going to trust the analysis. syot kilat
Chart PatternsS&P 500 E-Mini FuturesTechnical IndicatorsS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Wave Analysis
the_sunship
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