S&P 500

S&P 500 update

The S&P is rebounding after declining in five waves [i,ii,iii,iv,v]. I think this decline is wave (i) of a larger five-wavedecline [(i),(ii),(iii),(iv),(v)]. The trend has turned down and the bounce is wave (ii) expected to end near 4580. Thenext move is wave (iii) down, the target is 4300

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