S&P500(SPX) opened higher and went above +1.66% after FED started a minimal taper with 10B less bond buying program to 75B next month.
We are still in a confused market, nowhere to go.
The market didn't touch the all time high which makes the market probably NOT yet extending. 50-50 chance again...
a. If the market moves upward above 1813. We will change the recent low to int wave ii of minor wave 4 of major wave 5. (50%)
b. We continue to see this market as probably the int wave b high before an int wave c low. If we see the market get below 1777 again. We can clearly state that this close at 1810 today is just the int wave b. (50% chance)
Market is so unpredictable. Yet people expecting a Santa Claus rally to finish the year :)
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