I think that the correction was accomplished at the lows of August, this is the ABC in yellow, so the wave 5 is in process, the last wave is the 5 of 5 and this wave could fill the GAP or extend to the 4700.
The people is very bearish, and the market is a contrarian, I speculate that the price goes up and then correct with a ABC to the 4100 by the end of the year.... the next move will be a cycle wave 3, huge and insane =)
The seasonality of the SP is bullish at the last quarter, but like a contrarian could be different this time??
The people is very bearish, and the market is a contrarian, I speculate that the price goes up and then correct with a ABC to the 4100 by the end of the year.... the next move will be a cycle wave 3, huge and insane =)
The seasonality of the SP is bullish at the last quarter, but like a contrarian could be different this time??