bhowe
Short

SP500 turns over here

INDEX:NYA   NYSE Composite Index
The NYSE ( symbol NYA             ) or SP500             is about to turn over here. The harmonic pattern shown and resistance at the 200ma will make the down turn expected. RSI and %R both indicate near and longer term over bought conditions. Look for a retrace of 38.2% down to the raising 50sma for support.
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