PFP

Could We Have Seen Wave 5 on S&P?

TVC:SPX   S&P 500
S&P has been rallying hard since the US elections, after an initial sharp sell off we have seen a very strong upwards trend. Could this be us approaching another correction in the S&P?

We had a very choppy and fickle price action period in the time around "black Monday", this may have been the formation of our wave 4 and this persistent rally may have been our completion of the wave 5. Could we be due to see a retracement? Interesting to watch.

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