Elliott Wave - Week of 1/8/18: Happy New Year! Now what?

SP:SPX   S&P 500 Index
Couldn't be a happier New Year for the bulls as wave 5 surpassed expected targets. A healthy pullback is in order before the bulls celebrate even more. Retrace levels have been adjusted to reflect reasonable areas of support. They are cautionary for bears who are daring enough to act on any decline.
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