SPX500 chop rally this week
Updated
Today at some point expect a reversal, but any test of 3670 area should be support for the final C wave up. C wave may not get as high as I'm projecting. After C I expect one more wave down into July, then a larger rally.
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overall wave structure Comment
Target reached , expect a rejection soon. Comment
went higher than I thought, but this channel should hold it, If I'm wrong, so be it. I'll stop out of shorts if we get above 3787. Comment
SPY chart showing channel breakdown, they should retest that this week after a pullback, keep in mind that B wave can be very shallow and just correct in time more than price. Comment
OIL bearflag looks complete as well. Should go down with equities. Comment
WXY, 3 3wave structures is likely, this could change but it is what I'm going with right now.
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Everyone is watching this pennant, watch for false break either way. Comment
breakout was false, usually a bearish sign, we'll see. Comment
Asian selling as Oil breaks the bear flag, the two are influencing each other. I still think there will be one more up wave, but the correction could also be done and we make a lower low. 
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