SPX500 - Indices Forecast - Wave Patterns - Volatility in May
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- SPX500 labeled in a Leading Diagonal within Intermediate (1) (blue), with a bearish sequence expected to start unfolding.
Diagonal can still perform one more leg on the up-side, however, a breach of the lower trend-line (blue) would invalidate that scenario.
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SPXUSD time for the showdown.
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No matter how I count this it's still gonna fall on it's back.
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