SPX long trading setup (Elliott Wave Analysis)
It looks that the recent sharp leg down was the Wave C of Wave (4) and hence we can see a little more upside as Wave (5) takes it's course.
In any case precaution must be taken and strict stops must be put in place as the alternate count in Black can not be neglected at this point.
I will update further as this market progresses.
In any case precaution must be taken and strict stops must be put in place as the alternate count in Black can not be neglected at this point.
I will update further as this market progresses.
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Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
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