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.ImageFollow me to learn more about analysis!!
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