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Teklologist

SPX: Wave 4 Targets 531 and 883

Short
S&P 500 Index (SP:SPX)  
Teklologist Updated   
SP:SPX   S&P 500 Index
Trend Analysis Parallel Channel Elliott Wave SPX (S&P 500 Index) S&P 500 (SPX500) spxshort spx500short
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trendanalysis parallelchannel elliottwaves spx spx500 spxshort spx500short
All in the chart.
W1 - W2: Great Depression and World War II
W3 - W4: Great Depression revisited and World Biological Warfare (COVID-19?)
W5: Not calculated. Randomly placed.

W3 price fib ext of W1 depends on how you calculate it but is between 2.618 (3 - .382) and 4.
Comment:
Btw, the white parallel channel encompasses a minor wave 3. Top line begins on minor wave 3's subwave 1 and last touch of top line is end of its subwave 5. If you're curious about minor waves 1 and 5, minor wave 1 ends at approx. 1 April '46 and minor wave 5 runs from Jan '09 to Jan '20.
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