Amazing Christmas ABC Leg Down Puts Presents near SPX 200 WK MA
Amazing Christmas ABC 444.75 Down PUTs Presents near SPX 200 WK MA for Happy New Year Calls to retest Major Wave 4 to 2600/2650
About to Bounce the SPX Weekly 200 Moving Average Moved up a bit to 2348
And retrace back up to Major Wave 4 Approx target of 2600
Actual Retrace math is Daily ABC Leg of 444.75 * .618 - 274.85
C Leg Low 2368 + 274.85 = 2642.85 (2650) Technical Target a bit higher than 2600 because
we tested 2368 with a swing below MW3 2400 Original Target with Impulsing C down leg.
About to Bounce the SPX Weekly 200 Moving Average Moved up a bit to 2348
And retrace back up to Major Wave 4 Approx target of 2600
Actual Retrace math is Daily ABC Leg of 444.75 * .618 - 274.85
C Leg Low 2368 + 274.85 = 2642.85 (2650) Technical Target a bit higher than 2600 because
we tested 2368 with a swing below MW3 2400 Original Target with Impulsing C down leg.