S&P 500 E-mini – March 13, 2023

The support/rally that was found today by the market was “expected” as we could see 5 waves down.

Now the BIG question is was the high today the end of the wave 2 or do we rally once more. I would like to see another rally so we can PROJECT the upcoming POTENTIAL inflection point.

Note, the 2 arrows show IMPORTANT support of the emini if the pattern fails.

Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets. View all posts by BART