SPX: Because the DJI broke the Dec 2018 low, we have to revise

the Dec 2018 low to the A of IV instead of IV. The ATH is then the B of IV. So the current wave down is the C of Iv and a retracement of 38.2 is to be expected, with a new target of 2000. Although the SPX/ES has not broken the Dec 2018 low, it makes sense to have all the major indices track the same count. Afterall, the ES/SPX current wave down has already retraced 88.7% which is more than the typical 61.8%.