Short-mid term: potential short cover rally to 1050. (Bull* rally continues)
Mid term: potential fall to 950. (Elliott)
Long term: potential drop to 460. (Fib & Gann of highs & lows)
Fractal: There is high similarity to the 2000-2003 bear market drop. We may be in a 2003-like recovery stage, entering a new bull market for 2-3 years, or possibly the 50% run from the March 2009 based on vapors, and we form a secondary 'M' (double top) pattern, starting the market on a run to retest the March lows at 'the devil's bottom' (SPX 666).
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