EuroMotif

SPX to 2810 before retrace? S&P500 in wave 5

Long
FOREXCOM:SPX500   S&P 500 Index
The S&P Index looks to be in a Wave 5 up.
Wave 3 was quite strong, and wave 4 retrace was weak.
So I think we will reach for the next .618 around 2810 soon.
But it is probably TOO LATE TO BUY.
The best time to buy was at bottom of recent consolidation....

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