The ideal diagonal would consist of five waves. Each wave of the three waves to the downside would be smaller than the previous alternating wave. The alternating waves of the 5 wave move are waves 1, ...
SPX: Long-term trend – Is the long-term trend resuming? Is this a B-wave? Too early to tell! Intermediate trend – The trend which started at 2346 appears to be decelerating and forming a top. Analysis ...