SPX - Bounce then larger FALL

SP:SPX   S&P 500 Index
This 15min chart shows the detail of minor wave 1 Blue which completed close to the major 2009 Trendline . The correction looks to be taking the form
of an expanded flat which should complete at the .618 fib retrace level shown. After this Minor wave 3 will take SPX well below the 2009 trendline .
Good Luck
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