E-Wave for the S&P 500 Index

[gdl]

DOW to test a double top at 34450 area. Should know if this is a real pattern or it breaks right thru. Street for now ignoring the implications of NO RATE CUT this year. There are many best in many sectors of the economy that need desperately rates to be lowered. They all rely on disinflation. External shocks should start before year is out. I expect on multiple fronts. But first we only have a measly 100 or so points to prove there is no double top in DOW.