Elliott Wave 3 first target captured.

FX:SPX500   S&P 500 Index
We're still tracking the proposed Elliott Wave Flat and are still in the third wave of the decline which should not be stepped in front of on the long side. I can't emphasize this enough as an analyst and as a person with a conscience that realizes peoples futures are tied to markets. See the progression history via the related ideas links. We've got a couple articles for you today but no Market Structure Projections because this is highly volatile environment and normal structures are being stretched to their limit. Remember. Cash is a position too. Be careful.

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