[11:30AM] Was thinking 4 up before 5 down in $SPX ..unless it takes out this level
The rally yesterday I was thinking 4 up to 2474 before 5 down to retest the recent low..but if SPX can clear 2455 after retracing this morning right around .786 of the c wave, there’s a chance of an upward W3…a bottom here is not expected yet, but would be very nice if it occurred now..
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