S&P 500 – Weekly Analysis

On August 1st we called SPX for a ride towards $4400. The index obeyed and lost 5% after the call. Perhaps the ride is over now and we will talk about probabilities.

In this analysis we evaluate various technical aspects of S&P 500, discuss the recently completed candles and candle formations on multiple frames, and share long and short term forecasts charted with Elliott Waves.

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