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GWaves

$S&P 500 Expecting Major Correction From This Point

Short
S&P 500 Index (SP:SPX)  
GWaves Updated   
SP:SPX   S&P 500 Index
Trend Analysis Technical Indicators SPX (S&P 500 Index) S&P 500 (SPX500) sp500index sp500short index
3
0
trendanalysis indicator spx spx500 sp500index sp500short index
The S&P 500 has reached a breaking point. Targets are defined on the chart.
Comment:
snapshot

The market has reacted as expected. The model suggests that TG 4 @ 1959.99 will act as a reversal point as this is a major CORRECTION and not a full blown meltdown. Expect more "chaos."
Comment:
snapshot

Bears are right around the corner.
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