I think an E&M "Preparatory Sell Signal" was given when the SPX closed below the trendline, and it's now retraced nearly 50%.
A nice little a-b-c measured move would take it down to the wave 4 target and the software is suggesting the low should come in some time after the black bar, which is sitting on 15-May, and might just fit with Volt's 26-May date.
Let's see how it unfolds.
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