This long term SP500 forecast (below) was shared with subscribers on Sep 20, 2021. The index is moving down as forecasted and the only question is about where it stops and how exactly it goes there.
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 and some global ones. 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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