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S&P 500 Index

SPX Alternate Wave Count (a.k.a Recession Cancelled Wave Count)

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Look folks, if the S&P continues to go higher breaching the 61.8% resistance, we could be falling into a larger degree consolidation where we see sharp increases and declines. For amateurs, they are likely getting caught in this wide up and down swings. For the trader, it presents lots of opportunities to be establishing swing trades.
wallstreetsharks
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Beyond Technical AnalysisconsolidationSPX (S&P 500 Index)S&P 500 (SPX500)Wave Analysis

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Beyond Technical AnalysisconsolidationSPX (S&P 500 Index)S&P 500 (SPX500)Wave Analysis
wallstreetsharks
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.