The wave counters are waiting for some signals.
Coolbiz1 this AM
Last night after the close-SPX this leg up for Minor 3 may have a ST peak at 2869-2889, a pullback for a Minor 4 after. @2858.45 close. Nice leg up from 2691.99 low on June 28th just 19 trading days ago 171 points so far (high of 2863.43), with shallow corrections.
This morning after the open-SPX low at 2854, If this correction is for a Minor 4 now than it will go deeper yet? Or it may see another high towards 2868+ first and than start Wave 4 correction, TBD
Pretzel Logic this am- “DO OR DIE” TERRITORY FOR THE BEARS. Waiting for the market to tell us.