RealMacro

#SPX 2 year analysis

TVC:SPX   S&P 500
after completing an inverted head and shoulders we broke out, tested the break out and pushed higher. After 2 years the ROI in the SPX is 8%, 4% per year. We are rising on the 5th and final wave before the correction begins. Note wave 5 is typically shorter than wave 3. which means we are probably within 10% of topping out. For now 3 to 5% pull backs should be bought and rallies sold.

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