Indice S&P 500
Short

SPX Elliott Wave Last Leg of Correction Before Long Continuation

190
It looks like the impulse wave that began on March 23 finished this month, and a flat correction wave is currently being formed. Correction should see the index drop to $2800, at which point it will resume its bullish trend and rally to $3130, for this level is significant (it is where the market tried to resume its rally in the midst of the SARS-CoV-2 crash). Look to go long on Friday at the closing bell or Monday at the open.

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