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SP500 Pattern Still Incomplete to the Downside

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S&P 500 Index (SP:SPX)  
JWagnerFXTrader  
SP:SPX   S&P 500 Index
Fibonacci Support and Resistance Elliott Wave
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fibonacci supportandresistance elliottwaves
SPX has aggressively sold off lately but appears only to be in wave iii of (iii).

This implies more downside to come and rallies would be temporary.

SPX likely finds some relief after reaching $3500.

The trend appears firmly planted to the downside.
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