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ewtrader86
Jan 30, 2016 2:36 AM

SPX500 approaching potential reversal zone. Short

S&P 500 index of US listed sharesFXCM

Description

The standard ABC count give us a potential 4th wave reversal zone. The index has already break first fib cluster zone. To finish a 5 wave move, 1959 is the next level to watch. If 1975 is broken, The simplest ABC(335) count will be invalidate. and we are probably witness a triangle.
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