SPX An Expanded Flat Correction at 61.8%
Stock-Markets / Stock Markets 2015 Dec 04, 2015 - 05:02 PM GMTUnless I am mistaken, we have just witnessed an Expanded Flat Wave [ii] just a point shy of a 61.8% retracement. The labeling would be too fine for the hourly chart, so I am simplifying it to a [i] – [ii] count. The reversal may take hold after the European close at 11:30 am.
Regards,
Tony
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