Tue, Mar 28, 2023 @ 14:47 GMT
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Elliott Wave Analysis: S&P500 Intraday View

Traders, welcome back for the US updates! We can see market mixed today, with USD turning slightly lower despite lower metals while stocks and crude oil are trading higher. In fact, we expect a resumption of an uptrend on stocks soon since S&P500 turned up in five waves from 2321 followed by recently completed expanded flat correction. Price is now trading near 2363 resistance where breakout may open door for 2378 once again.

S&P500, 1H

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Elliott Wave Financial Servicehttp://www.ew-forecast.com/
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