S&P 500. Possible map for current correction

SP:SPX   S&P 500 Index
It looks like first 5 waves down of wave A are over in the upcoming zigzag structure.
Next we could see 3 waves up in the countertrend correction, wave B.
It could reach between 50% and 78.6% of wave A.
Then there is a second leg of 5 waves down of wave C.
Let us see how it goes.
Comment: It reached the charted end of zigzag, it would be a magic if it falls right from there
Comment: Now it is safe to say that the blue zigzag I added to the chart is showing magical accuracy )))
Comment: It could be a full retracement in wave B to shape regular flat
Comment: two other options white & blue labels
As soon as previous top at 2789.15 wasn't tagged there is a chance that we have very deep wave 2 of C (white).
Blue option have no problem with this invalidation level and can unfold anyway.
Any update on the SPX, aibek?
aibek meson1983
@meson1983, done! ))
@aibek, Thanks for the update, looks like a relative strong drop will happen in the near future. Buy on dip then.
aibek meson1983
@meson1983, let us see how it goes
Thanks aibek..excellent explanation
aibek glasser
@glasser, hey thanks for stopping this crazy world to write me a warm feedback!
I'm looking closely
aibek babaika
@babaika, ...mike wazowski...hehehe
babaika aibek
@aibek, I'm still looking closely
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