SPX Long Term Elliott Wave Analysis

Much like the DOW, I believe that we have one more push higher to 3200 before any significant downside movement. I count the SPX in cycle wave 5; however, we are currently situated in a primary wave 4 correction before moving higher. I expect some sideways price action to continue into the new year before we ultimately resolve to the upside.
Elliott WaveS&P 500 (SPX500)Trend AnalysisWave Analysis

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