Replies to post #5545 on E-Wave for the S&P 500 Index

[GLENO34]

One Guru I watch thinks we may have a PB first then possibly more up. But also thinks this could be the high in..So not really positive on which way next after some chop and basing.Guess this is normal after a big move day.

[RCKS]

No material changes since last update:

http://www.pretzelcharts.com/



"Last update concluded:

In conclusion, with SPX's target capture, things do feel a little trickier again, despite the fact that, at the moment, I'm inclined to lean toward the idea that 4/5 up are still needed. But that's certainly not a given, so we'll see how it develops.
So far, there have been no earth-shattering developments, so no change there, either. Trade safe.

p.s.- The title was just an effort to make fun of internet clickbait. The ONE TRICK is to eat less, just so nobody can say the title was false advertising (wink emoji)."