peterdcharlebois

SPX500 - weird shape of downturn - But still looking south

OANDA:SPX500USD   S&P 500 Index
I've stopped trying to label the moves as the waves are unfolding in a somewhat choppy manner. However I still see the move as bearish as support doesn't come into play until the zone I've noted below. I still see 4488 as the ultimate longer term bearish point.
Comment:
4650 has become critical resistance.
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