SP500 Elliott Wave: Wave iii) top in place with Wave iv) to retrace 38.2% around the 2950              

Trading Levels:TL3|3,000

Trading Strategy: Short trades if the 3000 becomes the retested resistance.

 

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Historical results are no guarantee of future returns. Some investments are inherently riskier than others. At worst, you could lose your entire investment. TradingLounge™ uses a range of technical analysis tools, software and basic fundamental analysis as well as economic forecasts aimed at minimizing the potential for loss.

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