S&P 500 7/21/22

One of two things will be clear soon, if we dip into wave 1 territory again, it will be continued as an X followed by a sharp Z wave up, then larger degree Z wave down through the 3200MA

If this continues as an impulsive, which it does on lower time frames then it might be time for a new high for the S&P
45 degree parallel channel
snapshot
Elliott WaveelliotwaveanalysisMoving AveragesParallel Channel

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