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Monday, January 28, 2019

SPX Update: No Material Change


Short and sweet today, since there's no change from the past couple updates, which suspected that SPX would probably need at least one more wave down to complete a potential micro fourth waves:


In conclusion, in order to negate the bear potential, bulls would still need to clear 2676.  Barring that, it appears bears have a better shot at claiming 2616 in the interim.  Trade safe.

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