#SPX = Possible Path #1 = 28.11.2021 $SPY #investing $SPX #trading #ES_F #DowJones $NDX

I am tracking two paths that I view as most probable at this point.

  1. Green (primary).
    The wave c of (2) down is complete or can fall another Fib to the “alt (2)” level. The important point is that is should fall straight, without sizeable bounces.

    If it retraces in a corrective fashion in the next few days and then falls to a new low, the blue count would take the stage.
  2. Blue.
    SPX/ES completes a motive wave “a” or “1” of a higher degree (compared to wave “i”). In this case the correction will not be over. After a sizeable bounce in wave “b” or “2”, we should expect another, more powerful wave down. Possible path – dashed line.

Previous weekly overview:
https://investingangles.com/2021/11/26/spx-weekly-analysis-26-11-2021-spy-investing-spx-trading-es_f-dowjones-ndx/

Good luck!

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