S&P 500 Index
Long

S&P/TNX future prediction

I created the Cycle analysis with trendlines of supports and resistances. I kind of inserts the Elliot Wave with ABC pattern. As you can see, the TNX is forming a head and shoulder, that means S&P could form a reverse head and shoulder to form Bullish. But I am long for now because the TNX is possibly forming bearish.

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