E-mini S&P500 is showing a three wave recovery from March low that we believe it's a contra-trend move; a zigzag that suggests new leg down this week. Ideally market is going to retest 2350 area while 2400 is not breached.
S&P500, 1H
S&P 500 Intraday View: A Three Wave Recovery
The E-mini S&P 500 is showing a three wave recovery from the March low that we believe is a contra-trend move; a zigzag that suggests a new leg down this week.
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