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Elliott Wave Analysis: S&P500 Trading In A Correction; More Weakness In View
Gregor Horvat - IF - Fri May 19, 9:54AM CDT

S&P500 is still trading in a corrective recovery, but this time we see wave b completed. As such current rally may be the start of wave c that can unfold in sessions to come. Ideally some resistance will come in around the Fibonacci ratios of 61.8 or 138.2.

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S&P500, 1H

snp, 1h

Here is a link to out Video Analysis posted on May of 19, 2017.

https://goo.gl/u6y2h1

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Please be informed that information we provide is NOT atrading recommendation or investment advice. All our work is for educational purposes only.


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