The key level I've been citing has fallen today and so wave C down is complete and the bullish count above is on the table. The rally looks strong and impulsive, and also incomplete. I expect another 100 points added to the S&P before any meaningful correction may occur.
PLEASE NOTE: THIS IS JUST AN ANALYSIS BLOG AND IN NO WAY GUARANTEES
OR IMPLIES ANY PROFIT OR GAIN. THE DATA HERE IS MERELY AN EXPRESSED OPINION. TRADE AT YOUR OWN RISK.
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