SPX 30,60: The blue fork on the 30 as Hiker posted looks good. The wave up from 2074 has a look like it could be a "B" however the wave starting from 1991 being the "C" should have an extended "B" (5 wave pattern) and it will have that irregular screwed up look until the "B" is finished,maybe as high as 2200 possibly. We may see the pink neckline and bottom fork tine get retested. The 60 min chart is favoring the big green fork with a July 22 top for now anyway.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.