SPX gonna test new lows...
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SPX is making a flat correction. I am still looking for one leg down.
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This gap has to be filled, is it filled already ? IMO not yet, still has to come up a little bit, before going down.
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gap is filled, price is likely to reverse downside, to complete flat correction..
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after flat correction will be completed, upside likely to resume, for the last 5-th wave up.
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watch for bounce to the upside.
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possible scenarios, eather flat or triangle correction, before dropping again.
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scenario playing out as anticipated
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history is repeating ?