S&P Bullish-Bearish depends how you look at it
S&P 500 finished his third wave. According to elliot wave theory retracement of wave 3 should not take place into wave 1 theory. So we can call that the maximum bottom. It is the lowest red line. Also Elliot Wave said that often a retracement takes place to the bottom of wave 4 on a lower degree. In this case the upper red line. Conclusion. S&P 500 bearish time coming for the next year or something but when it gets between the red lines buy as much as you can on stocks. great buying opportunity!!
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