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Looking for w4 of a 5 wave Elliott Wave cycle to complete somewhere in the pink box. Otherwise, if this was a W-X-Y sequence, then there is a potential for this move up to have completed already at the 38.2% retracement level. With further downside to a new low imminent.
3
My daily tracking chart for the SPX
8
Elliott Wave Analysis of the S&P500 Equity Index. I/m Expecting this correction to end in the green box below. The move up should end in the pink box above over the next few years.
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