SPX
has aggressively sold off lately but appears only to be in wave iii of (iii).
This implies more downside to come and rallies would be temporary.
SPX likely finds some relief after reaching $3500.
The trend appears firmly planted to the downside.
This implies more downside to come and rallies would be temporary.
SPX likely finds some relief after reaching $3500.
The trend appears firmly planted to the downside.
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EW Express - bit.ly/elliottwaveexpress