The Black Box

[dieselfuel]

S&P 500 Outlook: I've got 5 waves down on the daily chart from 1991.39 to 1904.78 (July 24 through August 8)

In my experience, after 5 waves down, a very nice move follows.

I have a wave 1 from 1904.78 to 1944.90. A quick one day wave 2 to 1928.29

This current move from 1928.29, should take us to 1993.20, in a wave 3.

As usual, all imho, let's sit back and see how this unfolds.

df

P.S.: Expiry on Friday. :>)