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holeyprofit

That would have been wave 2 if Elliot.

Long
S&P 500 Index (SP:SPX)  
holeyprofit  
SP:SPX   S&P 500 Index
Trend Analysis Wave Analysis
5
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trendanalysis waveanalysis
See first.

That'd be wave 1 if this was Elliot, I think.

Wave one in.

Wave two would be expected to be a fast scary drop often supported by news.

If this fails to make a new low, this might be the start of wave three.

Big rally.
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