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Declining wave iii & v of 5 for SPX could create corrective waves A,B,C,=(4) for FDG. As such, "corrective" Wave (2) for SPX would create "impulsive" wave (5) for FDG.
Above information will be updated when/if scenario changes.
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OUTCOME
Update March 25th
Corrective W2 of the SPX has not created impulsive W5 for FDG. This means that W5 profit is still intact. The next few days wait for sell stops on FDG to get taken out when price falls below $47.00. This should allow you to pick up the stock at a more acceptable price. It would be ideal to buy the stock at or below $41.
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