🚨 SPX CRASH IS JUST GETTING STARTED 🚨

Jesse Livermore mapped out this market structure over a 100 years ago

And look where we are now

The S&P 500 has been following the same rising channel

We are topped at step 6

And now we’re watching Step 7 - the correction

That drop of the index we’ve seen in recent days is just the beginning

The projected target for Step 7 is $6,400

After that, I see the following path:

Step 8: A relief rally that makes investors think the danger is over

Steps 9-10: One final push to new all-time highs

Steps 11-14: The structure breaks down, eventually targeting the 5,200 area

The most dangerous part?

That final rally could convince investors that the bull market is stronger than ever - right before the major reversal.

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