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CURRENT MARKET TREND: Down on 1/24/2020

Thursday, June 11, 2020

SPX to 2800-2700 in Wave B or 2

SPX has been on a moonshot, but the put/call ratio has shown there needs to be a correction and that's where we are at. Nasdaq has wave A up in the third wave an ending diagonal, wave B is next. SPX has a clean 5 waves up in wave A or wave i and needs a retrace to 2800-2700 in wave ii or B.

Won't let me post a pic so I'll toss it in the comments


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