Geofftv1

SPX - Lets go counting (updated)

Short
SP:SPX   S&P 500 Index
Intermediate wave (1) looks to be complete on 2nd July with a strong a,b,c correction nearly complete.
This correction has filled the open gap at 2752 and hit the 2009 long term trendline again! it may poke above it to test the 78% fib retrace
at around 2771. A clear break of the red trendline should indicate that intermediate wave (3) is underway.

Good Luck
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