SPX attempting to close the gap with a corrective b-wave...Corrective triangle action setup for a rally.
Update: No matter which way this is labeled, it looks very bullish. Here as an ABC flat ending in c-wave terminal. Post terminal action is violent...
2 Comments:
http://pokazywarka.pl/x8f9xj/
Quite similar.. shouldn't the history repeat, as Gann stated ?
unimpressive bounce does not look good
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