finitemonk

Wave (iv) almost complete

FX:SPX500   S&P 500 Index
170 0 2
There might be a few ways to label this but I think it's just completing a C wave dropping down from 2103.

I'm expecting it to maybe drop to about 2064 where there is some previous minor resistance.

(The fib levels marked are from wave (i) and since the 0.618 sat on the 2070 subdivide .. there is a way of labeling wave ( iii             ) as all wave i-iii of ( iii             ), making this wave iv of ( iii             ) but I don't think so ...)

There should be hopefully a good long here to take today, wit ha wave (v) extending right up to around 2126.

This of course might be a more complex x-y-z with a wee up then another small 5 wave drop ... we'll see

Stops just below 2058.

Good luck.
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