The red option can represent two things; 1. A bearish move signifying the end of the run from 1340 or 2. A much bigger wave c down that may challenge the 1470-1490 zone.
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Stock Market Analysis With The Elliott Wave Principle -Dow Jones, S&P 500, Russell 2000, Nasdaq and FX. All charts and commentary on this site are strictly the opinions of the author(s) and are for recreational purposes only. In no way should this be construed as trading advice or a recommendation for investing. See disclaimer at the bottom of the page.
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