Today’s action has not really added anything to the information we have about the market. So, I am going to keep this rather simple.
As long as the SPX remains over 3610SPX, it still retains potential to push higher one more time to complete wave v in the diagonal we are tracking.
However, once we break below 3610SPX, then it is likely we are in the wave 2/ pullback.
I want to wish all of you a very happy, healthy and safe Thanksgiving holiday. Take the time off to appreciate your families as well as your good health.