Check the Post below with the chart showing the details.
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Observe the support structure and potentials moves.
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Premium Post: WTI (8H) / Elliott Wave Update / SPX Can’t Go Down Without Oil
Notice the downward reaction at the green box. Oil prices may be aiming the big log trendline above us. Indices won’t go down until oil gives the green light.

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We are certified Elliotticians and publish Elliott Wave counts for indices, stocks & ETFs, cryptos, and commodities , in weekly, daily and 4-hour timeframes.
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Elliott wave & Fibonacci labelling:
Common path in white, bullish count in green, bearish count in red. [/s2If]
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