SPX Elliott Wave view in short-term cycles suggest that the bounce to 3/13 high (2803.37) ended primary wave ((X)). Down from there, primary wave ((Y)) remains in progress as a double three Elliott Wave structure. The internal distribution of wave ((Y)) shows overlapping structure, thus favored it to be a corrective sequence i.
e either W.X.Y or W.X.Y.X.Z.SPX Elliott Wave View: Calling Reaction Lower Soon
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