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Geofftv1

SPX - Bounce then larger FALL

S&P 500 Index (SP:SPX)  
Geofftv1  
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns Wave Analysis
6
0
trendanalysis chartpattern waveanalysis
This 15min chart shows the detail of minor wave 1 Blue which completed close to the major 2009 Trendline. The correction looks to be taking the form
of an expanded flat which should complete at the .618 fib retrace level shown. After this Minor wave 3 will take SPX well below the 2009 trendline.
Good Luck
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