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SPX bear scenarios: S&P500 may take one more dip

871
Just throwing some Fib + EW scenarios for study.

The correction MIGHT actually be over.
The Fed was a little dovish last weak.
That may have been enough to turn it back upward.

As well, considering the historical ''Santa Claus'' rally, it might move up towards end of year.

SO, this chart is actually contrary to what history indicates.
BUT I will be watching for a rise and then signs of exhaustion.
Nota
So a wave 3 looks well under way syot kilat and it seems to be in sync with the blue fib, clearly having noticed the 4.618 and 5.618. Expecting some bounce here.
Nota
Just posted a short term update looking for the next target where we might get a bounce
SPX short term targets (15 min chart): might bounce a little

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