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Showing posts from May 8, 2020

S&P500 ~ price seems to be out of touch with the economy...bull trap?

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The price action continues to contract while staying within the large wedge shape formation. Two charts posted today show the primary count and the alternate count if price makes a move above last weeks high. Today's market update is explained in a video you can see on our YouTube channel by clicking this link...   https://bit.ly/2UPrVpVproelliottwaver Follow the Trend and "Trade Safe"