Clearly in a corrective wave sequence. Last time I saw this was right before the S&P 500 made a 7% drop a while back.
Question is where to next?
Question is where to next?
- More sideways at current level for a day or two, then something
- Moderate correction with more sideways waiting on stimulus before making a move
- Moderate correction with new motive wave to bubble to the market to the moon
- Larger correction then a strong 3 wave to new ATH before something more serious
