The American market index has reached a crucial price area. The corona crash has been 61.8% retraced, further we can see a 3-Wave ABC move. The C-Leg is now in the crucial area of 100-123.6%. However the S&P500 can well still reach the 3000 level in price before turning.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.