sjibreel

$SPX complex correction of 2018 continues

FOREXCOM:SPX500   S&P 500 Index
2018 has been a year of a very complex correction. The September high wasn't the resumption of a bull market but rather a wave X in an irregular flat correction. The recent drop isn't a major bear market but rather a wave Y pull back in this irregular flat. Next few days/weeks we'll likely see a triangle before the market flushes down to the low 2400s. SPX

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