fibosoon

S&P 500 to $3100-3300

Short
SP:SPX   S&P 500 Index
I think we are still in the third extended wave, we went to 4500-4600 as expected last year, now I wait for the correction to 3,100-3,300 range, After that next target is 4,900-5,000 finishing big 3rd wave.

RSI> Look at the bear divergence with RSI, this is one more signal for the cool down of the market.

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