SPX 500 CRASHING! ELLIOTT WAVE INTERMARKET UPDATE

By Fernando Luna

Hey guys, Stocks still look vulnerable to the downside for a fifth wave of Intermediate-(1) of an impulse C wave of a flat. Gold and silver are rolling over and should continue to do so. the 10-year yield, the CRB and Oil are tumbling too. Oil is about to hit lower channel trend line support! The euro has rallied strongly but looks like a C wave of a larger bearish flat forming.

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