$.SPX(.SPX)$ is expected to continue to sell this week after it produced a bearish WXY model at Friday's 5862 high.
Look for price to decline to at least 5762, but ultimately 5700-5650 for the B-Wave pullback.
If that occurs, this B-Wave pullback should be bought for the final (!) leg up of Wave C of [W5] of Wave 5!
$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $.IXIC(.IXIC)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2412(NQmain)$
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Take Profit as S&P Hits 5800 or Hold Till 6000?
As the stock market hits record highs more than 40 times this year, there are concerns that history might repeat itself and another financial crisis could occur.
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Will S&P 500 hit 6000 by year-end as institutions predict?
Would you take profit and stay cautious ahead or hold till the year-end?
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