Based on form and fib, SPX looks to be setting up for the biggest, most bearish move that we've ever seen. According to the guidelines of Elliott Wave Theory, the white horizontal lines are all levels of potential and commonly seen support. However, if the upper white line cannot prove to be supportive, hold on to your britches, your blouse, or whatever you can find.
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should we see action similar to this on Monday, I'll definitely sharting my life away.
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