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swoopdog
Oct 24, 2023 7:55 PM

SPX - Geometric Pinball - 7 Day Drop Analysis 

S&P 500SP

Description

After today's action of dithering around the pointy end of the wedge, we are beginning to see the geometry that will drive the coming drop down to the 3,950 level. Lot's of wedges, lots of drops, repeating until wave 5 falls just below 1.618x of wave (i). Timescales are indicative, but generally I find that "real life" takes longer so don't hold me to the dates. Like if you want more updates.
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