[11:07AM] Intraday fade broke .618 support in $SPX $COMPQ – either B up before B down or 4 up before 5 down

What we’re seeing could either be an upward B before a downward C or at best a big upward 4 before 5 down..we need to hold yesterday’s lows or break it by a small margin to prevent a C wave..a rally back to the highs would help a lot obviously in supporting the 4 up before 5 down scenario..

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