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S&P500 Intraday View

Elliott Wave Financial Service
By Elliott Wave Financial Service

E-mini S&P500 found some support in the last 24 hours, likely it’s turning up for a new three wave bounce as we see a completed five wave decline down from 2400 high. As such, price may see more upside in the near-term, up to around 2375 or even 2383 resistance before downtrend may resume.

S&P500, 1H

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