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
