S&P Elliott Wave Update 2:30-4pm – right near 786!

yesterday was a pretty nasty day and lo and behold we get a really massive reversal that clears both 618 and 786 retracement Fibonacci levels all in one day..this is screaming wave 3 at this point and I’m still holding onto my UPRO and TQQQ..best case scenario mid term is that this is the start of a huge upward 3 into the end of the year and into next year to as high as 2400…that would be the move of a 1.618 wave 3 that travels the full length of the golden ratio from the low of August to now.

levels to watch: Spx 786 retracement = 2090

618 = 2080 (broken)

1.00 = 2107

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