Elliott’s Wave update

Using a 4 hours chart of the S&P 500 CFD market (24h continuous), it is evident that the market has completed the 1-2 pattern and the 3 wave is starting .

The first target is 3133, followed by 2950 (1.618x). If the wave will shows enough impulsive energy, the second target is 2655 (2.618x)

 

 

 

 

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