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S&P 500 Index
Long

SPX Elliott Wave Analysis

By Judyishim
Since SPX is rejecting from the 1.618 extension almost exactly, it's looking to me like an Elliott Wave impulse starting a wave 4 correction. That would bring price down about another 3% to the range POC/.382 - .5 retracement (a zone around the top of wave 1). Speedfan and fib time pull for approximate time.
elliottwaveprojectionElliott WaveFibonacciFibonacci ExtensionFibonacci RetracementfibtimeimpulseSPX (S&P 500 Index)S&P 500 (SPX500)Volume
Judyishim

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