Elliott Wave Analysis: S&P 500 Trading Near Support; Higher Prices Are In View
E-mini S&P500 fell nicely last week as expected after a break beneath the trendline support connected from end of February. We see current decline going complex, so ideally market is headed down to around 2025-2033 levels where former wave four swing low and 23.6% Fibonacci level can turn into a good support. We think that price will resume its uptrend this month for 2104.
S&P500, 4H
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