[12:02PM] $SPX fading in a 5th wave, $COMPQ fading in a W2 zigzag
SPX’s bounce intraday was an upward 4 before downward 5, so there’s a good chance it reverse back over the intraday high by the close..NASDAQ formed a W2 zigzag from the highs after going positive, so if it moves back over the highs by the close it would setup an upward W3..
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