After the failure of the bullish breakout, a recount is needed.
SPX could be in the middle stage of a sideways correction like three / flat / triangle of minor degree (preferred scenario wave x ) or intermediate degree (first Alternate Alt:(4) ).
The downward wave c/y is still in progress ; next target 1738 - 1728.
Long term scenarios in the last post.
ElwaveSurfer
Long term scenarios in the last post.
ElwaveSurfer
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