Elliott Wave Analysis: S&P 500 Makes A Turning Point Lower
Gregor Horvat | Apr 28, 2016 04:40AM ET
E-mini S&P 500 hit new highs recently around 2100 as expected, where black wave 5 of 5) sent prices lower, as we warned about in our recent updates. We have seen a decline for more than 30 points which looks like the start of a new three wave pullback; ideally back to around 2020 after a successful break below the trendline support (circled area).
S&P 500, 4H
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