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khansalarehsan

19 bars to the end of the circle and a possible drop of 2.90%

Short
S&P 500 Index (SP:SPX)  
khansalarehsan  
SP:SPX   S&P 500 Index
Trend Analysis Harmonic Patterns Chart Patterns S&P 500 (SPX500) SPDR S&P 500 ETF (SPY)
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trendanalysis harmonicpatterns chartpattern spx500 spy
Since 2016 the biggest drop was 6.14% around June that year. Then 5.05%, 3.30% and 2.90% as it is shown.
We are at a pivotal point now with only 19 bars to the end of the time circle.
Assuming we have the smallest drop (2.90%) the target will be 2616 and if it drops by 6.14% the target will be 2529.
I am waiting for a good signal to go short.
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