SPY a few counts (possible ending diagonal for Bears)
While price seems extreme bullish, (Yellow 1-2, 1-2,....), There is a potential ending diagonal count to be considered at this point. Either way Bull or Bear a slow down or consolidation seems likely.
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A top or "the top".
Markets "top" not always as expected. We could be finishing wave 3 of a larger scale wave five ending diagonal. So there is likely more choppy upside.
Markets "top" not always as expected. We could be finishing wave 3 of a larger scale wave five ending diagonal. So there is likely more choppy upside.