BOLD CALL – SP500 – $3225 by New Year

I think that SP500 is working on the last wave of a diagonal, the same as it was in February. I first identified this potential pattern on November 26 and now it looks like the pattern is missing its last wave.
If it is indeed a diagonal, I would expect a sharp reversal next week.
Bold call – SP500 to fall to 3225 by New Year, perhaps even by Christmas Eve.

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