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InsideMarket
Oct 27, 2015 1:21 PM

SPX500 - Wave extension before further correction. Short

S&P 500 index of US listed sharesFXCM

Description

Regardless of the wave counting, price-action moves up when price is near wave structure (orange arrow). By the time it has broken, it could trigger at least an ABC correction.

If my count is right, we will see a major sell out. And that is my bet!

Happy trading!

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