Will Wong

SPX-long term-Wave 4 sharp retrace to 1800 or lower before going

SP:SPX   S&P 500 Index
89 0 4
much higher on wave 5. Has a bottom been locked in by wave 4? Don't think so. Often at the end of an Ending Diagonal , it can wipe out all the gains that gave rise to the ED. So we are looking at 1800 or lower. Time will tell.
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