FX:SPX500   S&P 500 index of US listed shares
Good morning everyone. We've appeared to have put in all of wave (4) in the overnight but are coming into triangular support which has the potential to produce a solid bounce that could run back as high as 2088. Long positions at this time should only be taken with a very tight stop as the downside momentum remains as long as the magenta crash channel holds. Below is the link to today's projections and key timing. Hope you all have a profitable day. If you have any questions about our analysis or our analysis systems, please feel free to contact me at any time at john@mcm-ct.com..

http://mcm-ct.com/blog/intraday-msp-projections-weakness-working-towards-a-bounce-but-down-move-not-likely-near-end/
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