Replies to post #214 on SPX Elliott Waves (SP500)

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G

I am also watching my weekly charts

Ema 3 is at 2967, ema 8 is at 2956 - pretty close

We have to start going up Monday assuming blue 4 is done

If ema 3 crosses below ema 8, then the correction is deeper and last 3 to 8 weeks.

Weekly chart just went on a psar sell signal for me.

We need to climb over ema 20 daily at 2980 area. If it can’t next week, we could see more correction.

I will see what happens at ema 20. Then decide to stay long or get out and go short.

Revisited my weekly charts to get me a big picture.

Good trades.