SPX500: Bearish Gartley Pattern Completion

Very nice chart. I think that we are heading towards Butterfly completion higher (X being Aug 29th high).. but for now, definitely that's an interesting option as long as the price is below 1970

I agree with you mate. That wave IV idea doesn't fit with my projections. Also the proportion is way off for it in comparison to the wave i-ii-iii size.
It's more than 3x the size of any of those individual legs, it can't be of the same degree of scale. (not per neowave at least)
I think we will see a move up before this is a short again.

Lol just entered an order to short this... nice spotting

I wish you good luck :) It looks like a high probability setup this one..!

yeah it looks like a wave 4, I've shorted the c leg and about to short the e leg, so if it goes down i will be happy(er)

not to dipute but this is a ralley in a bear as you see it?

I think we are at the end of corrective wave 4 in an bearish elliot wave cycle. We have one more impulsive leg down (5th wave)..