123Tom's TA study group

[123tom]

The weekly S+P chart to end the week

A bounce tomorrow changes the candle.
A better looking green candle to end the week, and then over the month of November, the battle to climb back into a recovery rally. Danger waits at 2850 area a resistance shoulder zone that could become bearish if the rally cant surpass it. Bullish pattern needs to target 2880 and higher to become a Wave 3 heading toward Wave 5 recovery (2940-2990)

November should become the key battle month now.to determine whether the market offers a Christmas rally. and a good start to 2019