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Nelson_Yamada

S&P -2997.43 ????? Fibo apparently says yes.

S&P 500 Index (SP:SPX)  
Nelson_Yamada  
SP:SPX   S&P 500 Index
Trend Analysis
3
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trendanalysis
Considering Fibo, 2997.43 is at the fibo level 361.8%, starting at 666.79 (lower level of the subprime in the S & P)
Still considering Fibo, 2667.16 (666.79 x 4) is at the fibo level of 61.8%, starting at 2997.43.
We can consider that the zigzag A-B-C starts at 2997.43, and ends at 2667.16???
The fourth wave obtained its minimum in the fibo level 161.8%.

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