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S&P 500 – Weekly Analysis

On August 1st, when SPX was $4585, we called it for a ride towards $4400. As I am typing, it is $4405, and today the main focus is on the next moves.

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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