Stocks Turn Intra-Month Trends Up; Could Extend Rallies into Mid-May.
05/06/24 – “Stock Indices remain in the second stage (a likely 2 – 3 week reactive rally from the April 19th lows) of what is expected to be a 2 – 3 month sell-off after fulfilling multi-year upside price targets and cycles in all six indexes. In Elliott terms, they are in a likely ‘b’ wave bounce – sandwiched between an initial […]
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