Hello
I confess that SPX is making me a little confused and it is normal when these charts (Indexes) wants to make investors, analysts and insiders surprised. In sharp contrast to many arguments, this chart is hitting new highs day by day but I guess it is a good time to rest for a while and make wave IV correction.
I do not know if this happens or not but I do not trade as long as it doesn't make this correction.
Thanks
I confess that SPX is making me a little confused and it is normal when these charts (Indexes) wants to make investors, analysts and insiders surprised. In sharp contrast to many arguments, this chart is hitting new highs day by day but I guess it is a good time to rest for a while and make wave IV correction.
I do not know if this happens or not but I do not trade as long as it doesn't make this correction.
Thanks
Trade active
It happened exactly, the only difference was about wave (5) intermediate that made an extension. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.