S&P 500 made a three-wave drop from the 3024 area which we labeled as a temporary A-B-C move; it's a corrective move so more upside can be seen. In fact, the intraday chart shows an impulsive personality on a smaller time frame so more upside will be expected after any minor set-back. To get a full perspective, please check out the video below.
(Video length 00:03:43)
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