A rally to $4500+ is expected to commence soon before the next leg lower to at least the low $4300s commences. Two weeks ago, see here, we asked the question if a major top was forming for the S&P500 ...
Two weeks ago, see here, we asked the question if a major top was forming for the S&P500 (SPX). Using the Elliott Wave Principle (EWP) we found, “Although the index has not dropped below the critical ...
Figure 1: S&P 500 daily chart with detailed EWP count and several technical indicators: With the break above SPX 388.75, the multi-month counter-trend rally was confirmed. The index then topped and ...
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