#SPX 4H graph on April 9 - the medium waves for $SPX:
1) ABC waves? YES!
2) Red box reached? YES!
3) Divergence? YES!
4) Break of red trend line? NO!
Bears might take over at break of trend line!
Not a selling advice!
#US500 $US500 #SP500 $SP500 #EWT #TA
Simplified illustration: https://t.co/DyTGpUNkHx