S&P 500 UPDATE

$S&P;500; is going very close to breakdown point but some how managing to protect key levels. This is something amazing, very rarely we see, MARKETS respecting levels to the DOT.
Coming back to our last review here,
On 23rd,NOVEMBER I shared that we do require a daily close below 3,956 to get conformation for a breakdown
and if it does not close below 3,956 then it can make higher highs closer to 4,100. On tuesday (S&P) cash closed at 3,957!
Now we are there at 4,100 so it should end here, if it is a simple correction
Because what happens in simple correction is, you make new lows that recoveres to a certain point again it falls.
And make new lows until MARKET achieves its CYCLE objectives
So far U.S. MARKETS have been in simple correction that’s why it has gone as per script since MARCH!
Going forward if this correction gets COMPLEX then things would get tricky. For now we have less reasons to believe that can happen but need to look out.we should get more clarity till 5th,DECEMBER!