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S&P500 Up To 1900? Elliott Wave Analysis

|Includes:SPDR S&P 500 Trust ETF (SPY)

S&P500 broke above 1876 and is now approaching all time highs, so we adjusted the wave count and now looking for a five wave rally in progress from 1833 swing low. At the moment leg still cannot be counted in three waves, so looks like price will stay bullish for the next few sessions and possibly hit 1890/1900 area.

S&P500 4h Elliott Wave Analysis

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Stocks: SPY