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Did Last Week's Decline Threaten the Path to 7120 for the S&P 500? Here's What the Elliott Wave Shows
FX Empire·2025-11-11 03:57

Considering that 73 waves have been identified so far since the April 7 low (!), it’s clear that even with a 98% accuracy and reliability rate, about 2 waves could still be miscounted. Therefore, we must constantly re-evaluate our analyses; nothing is fixed. To do that, we follow the scientific method*. We find it remains very possible to see a final W-5 toward that 7120-7125 target.The Ups and Downs Since Early September Are Unfolding as ExpectedNamely, we last updated this daily line chart on September 4t ...