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markrivest
Nov 26, 2017 3:31 PM

SPX Five Wave Up Pattern Complete Short

S&P 500SP

Description

This is a follow up post to my 11/22/17 post.

That post had a target zone with an upper limit of SPX 2603.40
The high on 11/24/17 was 2604.21 still within leeway of the Fib targets noted in the 11/22/17 post.

The most likely scenario for 11/27/17 is the 2604.21 top holds, and the trading day ends down.

Mark
Comments
Teich50
Does the "5" on your chart correspond to the wave from 2016? Thanks.
markrivest
Hi @Teich50,

Yes. From the bottom made on 2/11/16 at SPX 1810.10.

Mark
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