Possible Elliot Wave Analysis - SPX500
As per my analysis S&P undergoing a wave 4(3) correction. The market could ideally bottom between 2350/2200 for a bounce towards new highs in 2019.The market is forming an ir-regular a-b-c due to which the fall looks very impulsive but the bounce back should be impressive as well. For long term investors these levels are ideal to start building the portfolio's.
Wishing you all a very happy new year.
Please consult your financial advisers before taking any decisions.
Good Luck!!!
Wishing you all a very happy new year.
Please consult your financial advisers before taking any decisions.
Good Luck!!!
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