SPX: Follow Up of the Short Term EWP
Tomorrow morning I will not be able to post an update
My view is that price has not completed yet the Triple Zag off the November lows, instead price has began a pullback wave (B) of the third Zig Zag that should bottom in the range 1416-1410 from where I expect the kick off of the last wave (C) up of (Z). In other word we should have the usual Santa rally into year-end.
If price breaches the pivot support at 1398.23 I will reassess the short-term bullish scenario.
Below I attach the recent comments posted today on Twitter/Stocktwits (in order of posting):