JonasBenjaminFriedrich

Possible short swing in the US Market coming

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TVC:SPX   S&P 500 Index
As analyzed before I am expecting the Markets to be in bearish momentum as economic data has worsened. Trump & Fed are going to full length to keep the market up (China Deal & Repo/QE) but no new highs could be reached. I analyzed before that eventhough we are in a possible 5 Wave move down we should see a corrective abc move within a corrective 2 which should reach around 61-76.4% from prior high, this target on the upside has been reached on friday. Now we could revers again to the impulsive 5-Wave move to the downside.
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