Stocks Retest Highs, Prepare for Late-May Sell-off; Mid-June = Ideal Time for Bottom.
05/15/24 – “Stock Indices remain in the second stage (a multi-week reactive rally from the April 19th lows) of what is expected to be a 2 – 3 month correction after fulfilling multi-year upside price targets & cycles in all six indexes in 1Q 2024. In Elliott terms, they are in a likely ‘b’ wave bounce – sandwiched between an initial ‘a’ wave […]
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