Weshareio

SPX Forecast

Short
OANDA:SPX500USD   S&P 500 Index
Price is currently in a Zig-Zag correction pattern. We can expect further sells to occur. We have both waves A and C as impulse pattern on the wave C we can soon see wave 3-4-5 complete before the next rally.

Waves A and C are usually equal we have to keep that in mind, so price doesn't reverse without being aware why it reversed.

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