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S&P 500 elliot wave correction

CME_MINI:ES1!   S&P 500 E-MINI FUTURES
Looking at a 5 day price chart we see price may have formed a top at the 161.8 fibonnacci extension level-which began from the 2009 low, and followed elliot wave theory up to the 5th wave. Now looking for the corrective move to play out, possibly in the illustrated form.

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sonatine185
2 months ago
I'm not sure we have reached the top for the 5th wave just yet.
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