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SPX Daily Harmonic Elliott Wave Analysis

EIGHTCAP:SPX500   S&P 500 Index
Overview: let's review the expectations on the previous update:
  • We got the decisive breakdown through the trendline on the hourly chart to get our confirmation.
  • The structure is developing beautifully in a channel and we are in wave 5 of c of (I).

Update: not much to add to the count. As expected, we completed wave (I) and now we are inside wave (II) of c of Z, developing as a zigzag.

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