Hello everyone! Today i want to share some technical analysis with you!
1.
Rebound or Bull-nest: $.SPX(.SPX)$
(1) the rally from 5924 has the look of a zigzag rebound OR nested bullish waves.
(2) now, after filling up the gap at 6041, SPX also touched 61.8% retrace level--this is, IMO, a wave-2 rebound.
(3) the next wave should have no mercy, one way or the other.
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