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hankchef

S&P 500 DOWN to 2011 next week

Short
S&P 500 Index (FX:SPX500)  
hankchef Updated   
FX:SPX500   S&P 500 Index
sp500index Three Drives
6
1
sp500index threedrivespattern
Three drives pattern on going.
Or we are on wave 5 down, expect a retrace to 1.272(2023.7) or 1.618(2011.3).
Then probably A up to .618(2047), or the TP of Three drives pattern.
Comment:
or A up to the whole pattern's .618(2037), the pattern starts from 2079 to 2011
Comment:
Revise the chart in the comments, a TP further down is 1981.4
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