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Replies to #8955 on S WAVE CHARTS

snootmagruder

03/31/16 8:44 AM

#8956 RE: NASARAVI #8955

SPX 30: the blue fork has obvious respect from price and hits the 2213 target at the red arrow in the second week of April. The green fork has a later tag of the target, yet the "A" wave was steeper than the green channel and the "C" could and probably should break out the top and could align with the blue fork. This is the best I can do with this, yet it seems very likely that the latest would be the end of April for a top.