Replies to post #9947 on S WAVE CHARTS

[RCKS]

snoot

Here is my spx 60 min chart with fork dating to Dec '21 anchor point and it has been breached for the third time to the downside and is likely close to a bounce point.
pretzel has had a target of 3800 roughly and we are in that range as well.

http://stockcharts.com/c-sc/sc?s=%24SPX&p=60&yr=0&mn=7&dy=0&i=p89438589669&a=223825916&r=1652375812670

[RCKS]

snoot

Here is my spy daily version of the fork....
I do think we are close to a bounce............
Monthly expiration for May a week from tomorrow may play a roll in the bounce as well.

http://stockcharts.com/c-sc/sc?s=SPY&p=D&b=5&g=0&i=p06503471101&a=234723979&r=1652376475826