Today, since I don?t have much to add new from what I have been posting in the last few days, I prefer to summarize my view regarding my preferred scenario, leaving the details for the weekend update.
I maintain, depending upon the time frame, the following bias for SPX:
- Long-Term: I am bearish because my preferred count calls for a Double ZZ from the 2000 Top, and now we are in the wave (X) up that will be followed by the second ZZ down.
