S&P 500

27 Dec 2019 ‚óŹ 07:29 AM

The S&P 500 went past its initial five wave high last night thus indicating that we are likely entering an extended rally. The short-term overbought readings in some indicators like put call ratio is a failed to work. Any reactions look like they may be short lived as we continue to make higher tops and bottoms in wave III. Wave III equality to waves I is near 3400

snp 271219

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