Every blog I have read tonight says we are in a triangle and tommorrow should start a big move up – even EWI. Now I think to myself: do 1-2-1-2′s sometimes get confused as diagonals and are triangles often recognized too early. My take, after a margarita and a half carafe of wine, is below. Any move above the high of 3-31 negates this count.
SPX 1-2-1-2 or Triangle
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