Indeks S&P 500
Short

Massive Market Correction Coming

The market is at the top of a long term channel that it has recently re-entered. It is also due for the 4th wave in the Elliot Wave cycle. In addition, a drop to the short term trendline would be a perfect 50% retracement before continuing higher in the 5th and final wave. The market should then form a downtrend as well as a head and shoulders pattern.

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