[1:02PM] $SPX closing in on .786 of the large C wave from November

The .786 retrace is 2703 and we’re 30 points away..but a 1.618 W3 would target 2730 minimum and that would end up taking out the 2703 level by probably next week…NFLX did drop on earnings but it wasn’t a HUGE drop..I think we’re seeing a relief rally on that news..

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