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$SPX to have a major downside move? [Dating back to 1987 - 2019]

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Using Elliot Wave theory dating back to the 1987, the Elliot wave theory would have predicted the stock market crash that occurred during 2000-2001.

After over 9+ years of a consecutive bull run, we seem to have a similar formation in our markets that replicates almost of what started in 1987.

Could we be topping out to what timing seems to correlate with bad economic fundamentals? Stay tuned to see how this plays out

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