S&P 500 adjusted triangle

SETUP - Value is still in a triangle compressing. It may have still one more week compressing and breakout may only be in 2017 start. Keep an eye on the triangle just in case it breaks first

تعليق:

following the lines. Wave IV is below, though that massive hammer suggests there may not be more down move. Be patient with this one.

تعليق:

Softer retracement, moving up as expected