S&P 500

25 Jan 2022 ‚óŹ 04:49 AM

All levels for wave C were achieved in one day but if I stick to the wave count of an expanded flat then wave v of C down could be pending. One last slow retest of the low of the hammer in a double bottom is what it will mean. The size of the hammer does make us feel that the bottom is in place but the wave counts do not. If prices go back above the wave i low then I would have to conclude that the move down is done.

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