SPX already change their market structure since 16-3-2020, i thinks it will be go to next suport which in 2035-2129, the monthly chart make a big gap, and will be retest the trendline, after that, it will be blood bath on the market
this is not elliot wave theory, but just a simple market structure ( Higher High - Higher Low, Lower High lower Lower )
Point A-C and C-E are the Higher high. Point B-D is higher low = so this is uptrend untill
The price going fall from 30k to 18k and that move make Lower low, because the Price on point F lower than the...
as we see in my chart analysis, tron break the trend line and now try to re test to closest support i predict this is a moment like december 2017 when btc and alt coin rally so fast,
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