$S&P;500; UPDATE

$S&P;500; is acting according to its Script.
In our review here on 3rd,MARCH we expected it to make lower lows, and within MARCH we were expecting test of (3,760-3,800) and we got the low of (3,808) on 13th,MARCH.
Going forward there is no way, market can hold this low,
The low of (3,808) should be broken without much effort and the trend of lower lows should continue.
Very unlikely that (S&P) can trade above (4,100)
we discussed on (SQUARING PATTERN) breakdown last time, that pattern have gone more week in past few days, which is signaling break of (3,800) Rapidly once (3,900) is taken down.
As long as (3,900) is held, current Zig-Zag should continue.
We are expecting break of (3,764) which was DECEMBER low once (3,900) breaks.
Coming leg lower should be more dynamic,very stronger and bit longer in TIME duration.
Watch out.

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