

$SPX 1D: Curious what Trump is up to this afternoon—watching SPX close below the SMA200?
MAT
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@kulmer1
Celladına aşık olmuşsa bir millet, İster ezan ister çan dinlet. İtiraz etmiyorsa sürü gibi illet, Müstehaktır ona her türlü zillet. Ömer Hayyam...


$SPX 1D: Curious what Trump is up to this afternoon—watching SPX close below the SMA200?




Price likes to bounce inside channels. Next week's FOMC and tech earnings are key to break ATH or hammered down. A higher high in Feb is preferred before the broader selloff. $SPX. $QQQ. $SPY.


Oil down 32%, likely a deep Wave 4 or part of correction


$Gold broke that low, making the diagonal scenario a good possibility—or it is in some kind of impulse (though unlikely). This is what I anticipate for the completion of Wave 3: a WXY or deeper with a WXYXZ. It is possible that an impulse is complete for a zigzag, but I do not like the extensions on it, so I am keeping the WXY as primary.