SP500 SPY "Looking for the correction to start last week of July
TVC:SPX S&P 500 Index
My timing is slightly off but with the recent breakout, it appears that my wave count is on the money. We are in wave 5 of a larger 1 of this bull markets final Wave 5. I hope that did not confuse you. So I do not think this will measure the same as wave 3 which would take it to around 2510 ish . And I am looking for it to be a little bigger than wave 1, which would take this to 2483ish. So maybe we touch 2500 before starting a steep larger wave 2 correction. I am looking at a little over a 9% market correction down to the long term trend line . It should end sometime in August. Then we should get a nice long wave 3 rally.