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S&P500 Intraday View

Elliott Wave Financial Service
By Elliott Wave Financial Service

E-mini S&P500 has five waves down from 2400 so index can be moving into a new bearish phase, which can be only a correction of a higher degree. But in either case there should be more downside coming after a three wave; a-b-c rally that may find resistance today near 2383.

S&P500, 1H

Elliott Wave Financial Service
Elliott Wave Financial Servicehttp://www.ew-forecast.com/
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