The chart posted is the RSP index for the SP 500 equal weight index . last week I said it needed to rally still in a 5th up. I am waiting for confirmation of the End of the 5th .It is a 5 wave rally as I said at the oct low major short squeeze . I do see this as the end of wave B just above the 2022 top . This is the bearish wave count.. The Alt would then see this rally to end on april 2nd for the end of a bigger wave 3 top all wave counts show a very deep and sharp break is now just ahead NEXT DATE is MAY 2could we see a sharp drop into april 10/12 and then rally ??? will we see sell in may and go away ?? . Best of Trades WAVETIMER
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