Looking For Bottom of Minor Wave 2 Before High Ride; SPX

2 ส.ค. 2018

We could still see a drop for 3 more days before blasting off toward 2900. We are just starting minuette wave 3 with two more waves to go. Expect lower markets today below 2800. A bump above 2800 but most likely below 2808 late today or early tomorrow and our bottom will most likely occur early Monday morning. We should find the ultimate bottom below 2780-2790. I anticipate a lower open on Monday morning with a rise throughout the day.

We could be viewing the final threats of the trade war, before some sort of positive deal is reached early next week. This could be very interesting.

Bring on the end of the bull market!