The SPX traded down as expected and turned around as expected so far. Volume is improving and we might have an interim low again as we are in expiration week.This is a reversal pattern, which is not significant as it did not mark a new low, but it confirms the recent lows turn and starts wave C up if we can mange to close positive today. An important sector is the 13 weekly count of the BKX chart, which I will come back to in a bit.
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