If the S&P can rally to 1150-1160 today, that would be a full upward 4 to retrace the downward 3...after a 4 would be a 5 down and due to this swingy sideways market could setup a good long trade (buying the low of the 5th wave)...in the past 2 months I believe I'm 11 profit-3 loss trading this technique...
