We got the .382 bounce in a W4, so the downward W3 appears to be over..we got a news released spike in the past couple minutes that launched SPX right to the .382 intraday target, so any gap down now would be a 5th wave at worst..there could also be a gap up rally tomorrow which could wipe out the entire loss at best..
[3:42PM] News related spike took $SPX to .382 retrace in about 30 seconds
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