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Outside the Box: U.S. stock market is set to fall this week, according to Elliott Wave theory

Those who have followed us for at least six months know how well we’ve identified major turning points in the U.S. stock market.

When the S&P 500 Index SPX, +0.07%  broke below 2,880 points in the fall, I noted that I thought the downside risk outweighed any further upside potential. And, as we now know, that breakdown opened the door to the correction to the 2,345 level.

As the S&P 500…
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