SPX - Short term picture.
A W4 -> then W5, to complete the picture + reach the upper resistance by 22 Nov - before eventual W3 down
Note
Followed our W4 exactly so far. Will we see a leg higher for W5? or is W5 already over in the last short peak?
I will take a half short position today. And wait for Monday to take the remaining.
Note
The W4 was a bit more extended and we seem to be working towards our W-5 target.Note
W-5: Seems to have been completed.Trade closed: target reached
Successful close
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