AndyM

SPX may break below 2100, 2046-2065 next target

Short
FX:SPX500   S&P 500 Index
12
SPX is completing an abc correction, we had a triangle in the middle - so this is clearly a zigzag, and it will be retraced soon. I think we are dealing with a series of 1-2-1-2 waves where waves 2 are often very very deep. This is usually followed by a very strong wave 3 of 3. This is why I think it's realistic to reach ~2050 next week or 1 week after.
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