look4edge

SPX - 1948 - POSSIBLE CYPHER SUPPORT

FX:SPX500   S&P 500 Index
1
This time played with harmonic patterns and found a daily cypher pointing to 200 ema and hidden support trendline. At the end of month.

Pattern itself should have about 70% success rate.

200 ema is another supportive argument, so at least retracement could be expected there.

Maybe little lower, at D/XC closer to .786 and 250ema at 1925, see chart below
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