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Strategies & Market Trends : CFZ E-Wiggle Workspace
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From: skinowski3/9/2025 9:33:51 PM
1 Recommendation

Recommended By
kckip

   of 41461
 
I want to make this clear - I don’t follow this person’s thinking - and not recommending his work. Just borrowing the chart.

And what you see on the chart starting from the December high are three waves down, three waves up (to the January top labeled 5). That was followed by a 5 wave impulse down to the current low.

In other words, potentially, we are in the late stages of a bullish Expanded Flat correction.

The value of this idea is that it rallies soon - the Bull is back. BUT, if it rallies and then turns down and starts making new lows — this the new decline *would be* C or 3. That would be short term - and potentially longer term - bearish.

My “lean” is bullish - but if the SPX rallies and then breaks down to new lows, my bullishness is out the window… till further notice.

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