Tomorrow is the monthly closure. SPX is in an inflection zone and a sizeable move tomorrow can set a direction for multiple months.
Let’s discuss the probabilities.
In this daily analysis, I will evaluate the candles that SP500 formed on multiple frames, compare them to the candle formations in other major US indices. We will discuss technical events on different frames and analyze the long- and short-term perspectives for SP500 using Elliott Waves.
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