SPX Major Low (ICL) in place?
It sure looks like it to me based on my Time & Price Cycle work.
https://surfcity.co/2018/10/31/spx-major-low-forming/
It sure looks like it to me based on my Time & Price Cycle work.
https://surfcity.co/2018/10/31/spx-major-low-forming/
On my work on SPY last winter, I got only c/t signals off the Feb lows.
My (LT) trend signals didn’t kick in until the (retest) in early April low.
I have the same thing going on here, POTENTIALLY. At best.
The key alt, is that the retest to come fails.
Enough has changed that MANY are waiting to reshort on the next lower high.
Oh … and thanks for posting. Keep waiting for someone to turn off the lights here.
LOL.
More pain ahead in PM land, imo.