S WAVE CHARTS

[snootmagruder]

SPX 30 and 60: I'm still thinking we need a retest of the upper red down fork. The 60 has a red going up there and a purple showing a lower target. In any case, I think the election will be the pivot point with a high on the 6th and a drop after which unless there's something else involved would mean the democrats took control of the house. EDIT: there's a large discrepancy in the upper fork tine between the two charts, the 30 looks right, but the 3 month time frame doesn't allow to see the fork anchor hasn't moved. The 60 min upper tine is almost 40 points higher.