TradingView
Geofftv1
May 21, 2018 2:14 PM

SPX - To fill the Gap? 

S&P 500SP

Description

SPX looks to be completing an A,B,C zig-zag for minor wave 2 blue.
There is a gap at the 78.6% fib retrace around 2750 which may be a magnet for completing this correction.
Other gaps exist once the correction is complete which will draw minor wave 3 blue downwards in a possible larger fall.
Good Luck

Comment

Minor wave 2 looks complete with an ending diagonal and did not have the legs to fill the gap, this is a bearish sign.
If correct minor wave 3 will pull SPX below the previous low.
Good Luck

Comment

Minute wave 2 circle completed with a flat and minute wave 3 circle is in progress.

Comment

This correction became more complex and may have just completed W,X,Y at the 78% fib level and closing an outstanding gap nearly. If correct SPX should decline into wave 3. Good Luck

Comment

Comments
The_Unwind
Geoff,

Is there any way you could possibly post a New post, New Subject Line when you update your previous posts ?
I am referring to your S+P Fill The Gap Comments.
Perhaps it's just me, but it's hard to tell from your comments which is your most recent updated comment.
A new post would make it easy to follow your progressions, and analysis.

Thank you,

THE_UNWIND
Geofftv1
The_Unwind
Hi Geoff,

I have just cited your work in "Throw Over" Pattern Recognition
in a comment to Mark Rivest's latest Trading View post on the S+P dated 6/2/18.


THE_UNWIND
StockSignaler
Eventually. Maybe one more positive day before a drop below 2700
ciku
I think so.
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