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Strategies & Market Trends : CFZ E-Wiggle Workspace

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skier31
To: Jack of All Trades who wrote (40705)3/24/2025 10:11:55 AM
From: skinowski1 Recommendation  Read Replies (1) of 41438
 
SPY is above its 200 dma. $SPX keeps hitting against it. Wouldn’t be surprising if it bounces off down - regardless of what happens later. $NDX remains lower.

Both SPX and NDX show a nice three-waver up out of the recent low (on 195 min chart). Is today’s breakout a bearish C? Or, a bullish 1 of 3? Or a short term bullish 1 of C? Remains to be seen.
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