the_sunship

SPX correction waves continue

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EIGHTCAP:SPX500   Indeks S&P 500
Sell down today for C wave I think and then rally up to finish the week. One more whipsaw up to 3860 could be first but I wouldn't trust any rally here. More solid confirmation of the sell off would be getting under under 3800. Good luck all!
Komen:
at support, watch for one more whipsaw up
Komen:
not acting lke a C wave here, so bias is now up considering they just took over the pitchfork fib. One more high likely today and then AAPL will probably sell the market
Komen:
ES is under the pitchfork fib again, bulls trying hard to hold it but before or after aapl I think this sells to 3770, where i think it's a buy again
Komen:
fight with fib line continues, earnings will decide which side wins
Komen:
under pitchfork fib, next is 3700 area, probably gets there overnight
Komen:
3700 in the cards if this plays out overnight. I still think it's a buy at that level into next week. Have a good evening.

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