S&P500 BUY - Beethoven's 5th Symphony
Updated
This is a continuation of the US500 trade idea posted a while ago. I applied Elliott wave theory and fibonacci extensions in market geometry to predict key zones in price fluctuations. As I found Elliott studies so poetic and inspiring, I decided to do a twist with the name :) We are going for the bullish 5th wave. Look for signs of support around 3131 and enter long. There's also big chance to eventually test new highs due to FOMC report yesterday. Turn on your printing machines.
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