n0m0ret0ss

correction wave formation in S&P 500

n0m0ret0ss Updated   
SP:SPX   S&P 500 Index
Elliott Wave Analysis:-

correction Wave's:-

View 1:-

A wave and B wave was completed for forming a regular flat / Zig-Zag.
C wave was expected to fall upto 4197 - 4270.

View 2:-
If the C wave never break level 4335 of A wave then triangle pattern is in formation.
D wave never break B wave.

View 3:-
If B wave go beyond 4607 it may form an irregular flat and it may go upto 4860 - 4718.

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Trade active:
View 1 was achieved. It reached and entering our W level.
Comment:
the below chart is updated view:- the fall may extend till 4155 - 4195.
Comment:
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