[1:07PM] $SPX forming an intraday zigzag off the highs
Not a big zigzag, but large enough to be an ABC..if we get A = C from here SPX may fade to as low as 2842-2843 before a late day reversal back to the highs…we did break 786 of the entire zigzag going back to 2862 so there’s plenty of momentum on that..
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