The e-mini SP500 fell below what I count wave 3 of wave c (ending diagonal) of wave 2 flat. This confirms the flat has completed. Expect 10% minimum sell off until wave 4 starts. Since the market is in 3 of 3 count, with the possibility of more 3 of 3 waves or smaller degrees in the extension, wave 4 could be even further to the downside.
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