S&P 500 Stopping For A Correction
S&P500 is reversing higher in a very strong and impulsive manner from the lows, so it appears that wave 4 can be deeper and more complex as we see current rise still as wave A) that belongs to a three-wave recovery so more upside should be coming after wave B) pullback.
Short-term support is at 2660/80 area from where bounce may occur this week for a rise towards 2821.
S&P500, 4h
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Clearly the authors insights are deeper than mine, in this area.