These are danger charts to disagree with them, dropped all 3 alternates what they can be.
Basically most of them have big drop behind in the history, then long time running sideways or narrowing or expanding structure. One of those 3. Once and if they “bed” with those ending letters and starts to contract on there and if technicals has been building for very long time to build energy also, to have an contra-opinion with these is very danger even that SPX looks so run.
It´s just then EW art where in fact to test correct entry for them are they real but contracting picture bottom starts to be one warning signal.
Market have very many of these.