S&P500 (SPX): Swimming Against the Current
S&P500 (SPX): 
SPX
Swimming against the current with our analysis, we still see a very plausible scenario in the S&P 500. There are multiple scenarios at play, each with its own significance.
Our primary scenario posits that we've completed Wave (5) and the first cycle at $4,818 points, now embarking on a Wave II. We've likely finished Wave (A) and soon Wave (B), preparing to embark on Wave (C).
An alternate scenario, marked as alt. (3) and alt. (4), suggests that surpassing the 138% level would lead us to expect alt. Wave alt. (5) before concluding the entire first cycle.
On another note, the least likely of these scenarios is having already completed Wave II with Wave (A).
This diversity of possibilities underscores the complexity and uncertainty inherent in market analysis, reminding us of the importance of our own risk and portfolio management and the readiness to adapt our strategies should we encounter surprises in the market.
SPXSwimming against the current with our analysis, we still see a very plausible scenario in the S&P 500. There are multiple scenarios at play, each with its own significance.
Our primary scenario posits that we've completed Wave (5) and the first cycle at $4,818 points, now embarking on a Wave II. We've likely finished Wave (A) and soon Wave (B), preparing to embark on Wave (C).
An alternate scenario, marked as alt. (3) and alt. (4), suggests that surpassing the 138% level would lead us to expect alt. Wave alt. (5) before concluding the entire first cycle.
On another note, the least likely of these scenarios is having already completed Wave II with Wave (A).
This diversity of possibilities underscores the complexity and uncertainty inherent in market analysis, reminding us of the importance of our own risk and portfolio management and the readiness to adapt our strategies should we encounter surprises in the market.
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