Technical Analysis on .SPX
Hello everyone! Today I want to share some technical analysis with u!
Two Things to Note Here: $S&P 500(.SPX)$
(1) SPX filled the gap at 4770, which effectively reduced the likelihood that the last gap was a w-3.
(2) Also, 4770 is the 78.6% retrace level from 4793 to 4682, which also cast doubt on the impulsiveness of the decline.
(3) meaning: wait a bit longer.
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