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sciencei

Short Term Correction Likely To Extend

Short
S&P 500 Index (SP:SPX)  
sciencei Updated   
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns
3
0
trendanalysis chartpattern
The market has rebounded to a 61.8% Fibonacci of its last drop. We label this rebound as a minuette wave (b) since the preceding drop counts better as an impulse. Hence, we continue to expect another leg down.

S/L: 2758
T: 2620
Trade closed: stop reached
Comment:
-1.4%
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