SPX is approaching the lower channel line off its March low and June/July support.
Friday, August 11, 2023
Saturday, August 5, 2023
MTU Weekend Ed - Correcting (8/4/23 Close)
SPX is correcting the upswing from (at least) the March low.
The decline so far may be counted as
three waves down from the nominal high or a potential five-down from an orthodox high due to a failed small-degree 5th wave.
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