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Happy Trading, Robert (WaveGuy)


I have two scenarios and they are both to the downside –

#1)  This one has a 70% chance of playing out and it says we are now starting a new strong downtrend, similar to the last strong downtrend, that lasted most of December/2018. It means that we “should break” the previous low of 2346 on the S&P500 and go allot lower.

#2 A 30% chance of playing out and means that we continue this current A/B/C correction phase with the “B” down portion and a “C” uptrend. If this one is correct then we “should not break” the last low of S&P 500 2346, until after the “C”  up wave is done.

Happy Trading, Robert (WaveGuy)

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