On every trading day, after market closes, I would choose 10 best tweets from the Fintwit World and rank them on thoughtfulness of their ideas and informative of their charts. Please tweet your nominations for Top Ten Tweets (TTT) to my account @MasterPandaWu.
Pretty much it is: (1) now, back to the w-a top at 4394; (2) it may take some time here, up until FED presser to break out upward. (3) still think this is w-c of W-4, which will hit 4417 zone, then turn back down.
No kidding here: (1) "up until FED presser to break out upward" ---check. (2) "will hit 4417 zone" --- check, it hit EXACTLY 4417. (3) let's see what is left here for the day and the week. --- in my chart, it would turn back down here and now.
Moment of Truth: (1) I added red W-2 & W-3 to SPX 30-min chart which I posted Mon; (2) notice
that the blue a-b-c wave & black hand were original and unaltered. (3) for the roadmap to pan out, the market has to kick in the w-5 to 4255 area--at least <4305 in short order.