Индекс S&P 500
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S&P 500 - Elliott Wave 12/27/24

My prior post noted an SPX area that could terminate the rally that began on 12/20/24. Subsequently the SPX rallied just above the target zone illustrated in the prior post. The rally termination point came just below the point were Sub Minuette wavr "a" equals sub minuette wave "c".

The sharp decline on 12/27/24 appears to be the beginning of at least a multi-month decline.
Wave Analysis

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