The S&P rallied today in what looks like a right shoulder in a head and shoulders topping pattern which I have see as a 4th wave correction in wave (4). Prices should stay below 2071.50 and eventually make their way the 1996-2014.
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PLEASE NOTE: THIS IS AN ELLIOTT WAVE BLOG EXPRESSING AN OPINION AND IN NO WAY GUARANTEES OR IMPLIES ANY PROFIT OR GAIN. TRADE AT YOUR OWN RISK.
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