Bearish Elliott Wave Count 3/18/23

SP:SPX   S&P 500 Index
The recent U.S. bank failures have increased the chances that U.S. stocks could be on the verge of a sharp drop.
The decline could start soon after the FOMC announcement on 03/22/23.
In a few week the SPX could break below its bottom made on 10/13/22.



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