SP500 rework--leg 4 in progress

By bdltrd
I reworked the count a bit--this count I believe better reflects the wave activity of this bear market. Leg 3 is broken down in to 5 wave sequence where first and fifth wave are near 440 points. The current price action since the bottom of "3" is acting very much like a typical wave "4" correction. Look for the final leg 5 to complete by next week.

Chart PatternsTrend AnalysisWave Analysis

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