<p>Short term Elliott Wave view in S&P 500 (SPX) suggests that the rally from 3.13.2023 low is unfolding as a 5 waves impulse structure. Up from 3.13.2023 low, wave ((i)) ended at 4186.
The Eurozone’s manufacturing sector is already facing feeble demand, with higher rates ony likely to sap it further. The Euro is reflecting these worries.
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