FX:SPX500   S&P 500 index of US listed shares
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In a previous comment I suggested we might be undergoing an ABCD correction which could ultimately form the foundation for a larger bearish Gartley .

I was flat wrong on the correction pattern as I now believe it was an Elliot 12345 impulse which is typically bullish if the broader trend is up.

Using the available data, its quite possible we are working on a bearish shark (not pretty) but I am less than convinced the bulls have the muscle to reach the levels suggested

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