Here's a potential SP500 wave count. The current selloff looks like a ABC corrective pattern a 3-3-5 wave count if the current selloff is the 5 wave C wave down to complete the selloff. It just needs a lower low to complete the 5 waves down from the high of the B wave.
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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.