SPX Update SPX is in the ideal range for red ii But there is also that upper gray resistance line at the gap The bounce is still in 3 waves, but it is getting an impulsive look. Though, looking at the 5-min chart, it looks best as a 3-3-5 correction, so far.
Published Jun 04, 2026Updated Jun 04, 20262 min read
SPX Update SPX is in the ideal range for red ii But there is also that upper gray resistance line at the gap The bounce is still in 3 waves, but it is getting an impulsive look. Though, looking at the 5-min chart, it looks best as a 3-3-5 correction, so far.
