$SPX - Market Analysis for Jul 31st, 2018

SPX cooperating well with expectations so far of an a-wave down complete into yesterday's low, and price now working on the wave b of (b) bounce. 2829 is main resistance above where a turn back down in wave c of (b) can be seen.

$SPX - Micro - Jul-31 0635 AM (1 hour)
$SPX - Micro - Jul-31 0635 AM (1 hour)
Garrett Patten is a senior analyst at ElliottWaveTrader covering both U.S. and international equity indices as well as stocks.