the spx did back to back 3 3 5's OF THE BULLISH variety
so when the corrective wave starts we expect the reversal but that is likely to be hard to play because it will be controlled at first and most will be expecting 5 3 5's
which means the market corrective wave when it starts will LIKELY BE VERY SLOW IN THE FIRST STAGES and often make bears want to choke.
it will often get dip buyers feeling all happy and jiggy kind of like it's a bull market still BUT WILL have lower highs and lower lows but the initial phase the trade most often for short term traders will still likely be on the bull side.
SUXXXXXXXXX but it is what it is.
THIS FREEKING STRUCTURE LOOKS TO be one needing years to complete.