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SPX/SPY Looks To Test Resistance Near $3950

S&P 500 Index (SP:SPX)  
DigitalSurfTrading Updated   
SP:SPX   S&P 500 Index
Elliott Wave Beyond Technical Analysis SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY) digitalsurftrading nasdaq dowjones
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elliottwaves beyondta spx spy digitalsurftrading nasdaq dowjones
SPX/SPY looks to be in C Wave within a Wave 4 correction which is likely to send numbers back up towards 3950/395. The resistance there should be fresh and formidable. I expect that failure will send numbers back down to the lows of 3700/370 where temp support is likely to continue the ping pong action. A pass beyond the range of 3950 is highly unlikely at this point.
Comment:
returns to 3810 before the last leg up within this fractal wave.
snapshot
Order cancelled:
Drop wave has been postponed. SPX looks for 5000s before more downside potential.
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