S&P 500

21 Mar 2017 ‚óŹ 06:32 AM

The S&P index shows 5 waves that have moved from the lower end to the upper end of a rising channel. So the upper end of the channel the waves 1-3 and the last fractal are in 38.2% ratio. This means that the targets are met. We do not have a confirmed trend reversal yet, but the waves have subdivided into 9 legs that make up for an impulse which once complete should reverse a 8 year bull market in US stocks


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