Medium Term Path with More Probabilities for S&P 500 Daily Chart

Short and Medium term structure S&P is bearish once it makes a new low around 3,500. Now we expects more downside to 3,100 as it's shown in the orange circle in Daily Chart. We expects a reverse in this circle area and we saw a strong correlation with other indices (American, European and Asian). Next week, we'll update this forecast.
Bearish PatternsEconomic CyclesElliott WaveFibonacciIndicesmedium-termshortterm

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