Flavors of Alternation - Market Analysis for Apr 1st, 2022
Alternation is a guideline and NOT a rule.
Alternation can come in different "flavors" like structure, depth, or time.
The wave (ii) on SPX was a sharp, deep, zig-zag that took ~3 trading sessions.
If this is not all of a shallow (iv), then we should probably see at least a high bounce as b of a wider flat taking closer to ~8days.