The S&P extended wave 5 should be at least equal to the price distance from the beginning of wave I. The maximum length of the 5th extension should not exceed the 261.8% retracement of the length from “0” formed in March 20th at the level of 3373.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.