S&P 500 Daily Update: A Personality Trait Feature per Fractals
SUMMARY
The S&P 500 (SPX) continues to pattern out the final touches of the upward pointing wedge (white) which correlates with the blue wave 1 of white 3. This would prep for the onset of blue 2 correction. Since SPX prefers to use frequent patterns of the small upward pointing wedge, it is likely that such is a personality trait. The purple wedges are also embedded within a larger symmetrical triangle. This is also very common in Cryptos and has been referred to as an "impregenated" pattern. Overall, once blue 2 completes, the bule 3 should allow new all time highs to be tagged.
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We have chosen your post to be part of our top ten post of the day. It would be nice to have some cryptos on the NYSE or NASDAQ.
SAludos... siempre estas en los diez mejores... soy tu admirador...