$SPX 2 Scenarios

2023년 10월 1일

2 Scenarios for SPX here:

1. Bullish Scenario

We have an impulse wave up and we are currently in wave 4 correction. and wave 5 up still to unfold.

2. Bearish scenario



We are in an ABC correction. We need hard evidence to confirm that the next impulse wave down has begun.

The moment that decisively breaks the lower parallel channel we can say that the impulse wave down has begun.

Conclusion:
We are at an important junction and the market either complies with the bullish or bearish scenario, giving us tremendous insight.

Which side are you on? Are you a bull or a bear here?