SPX has formed a new bottom, creating a triple zigzag [w-x-y-x-z] rather than the double zigzag expected.
On the charts at a lower degree (1-3 minutes) the new upward move does not appear an impulsive wave...
For the rest referring to the last SPX post... "now we have to understand if it is a wave w of minute degree, then only a rebound in the downward minor wave x , or if it is the final wave y of x , then the bullish corrective minor wave y is beginning. These two scenarios have the same odds."
Have a great trading day...with care!
And HAPPY NEW YEAR!!!