S&P 500 Showing Weakness but Setting Up a Buying Opportunity | Dow Hints at an Alternate Wave Count

#stockmarket #technicalanalysis #finance

Is the S&P 500 showing signs of weakness? If a correction is coming, how deep could it go? In this video, I outline key downside targets and discuss why those who missed the April lows might soon get another buying opportunity.

The Dow Jones (DIA) is also showing an interesting setup — potentially a Wave 1/2 and sub-wave 1/2 — suggesting the correction might already be behind us. Still, the evidence points toward a possible 10% pullback to retest the Primary Wave 1 level.

Watch this breakdown to understand how to manage your risk-to-reward ratio and why it’s smart to stay a bit cautious with new buys right now.

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Not financial advice!