SPX Monthly Elliott Wave Analysis
Currently in a Wave 5 (circle) of a major wave (V).
Wave 5 (circle) price projections shown.
Note that the correction for wave (V) down is a major bear market correction.
If a zig-zag ABC correction, target could reach the low of wave (IV). Ouch.
Wave 5 (circle) price projections shown.
Note that the correction for wave (V) down is a major bear market correction.
If a zig-zag ABC correction, target could reach the low of wave (IV). Ouch.
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