EuroMotif

SPX has BOTTOMED? If so, this would be a PERFECT spot for one

EuroMotif Mod Updated   
FOREXCOM:SPX500   S&P 500 Index
Quick plot to show the bounce and possible bottom.

IF we are to bottom soon, THIS is the perfect spot to do so.
Key are the red resistance zones above that must break.
Need to watch reactions at each zone for further clues.

Ideally we will crawl back up the zones, retesting each one.
Bulls must traverse at least a zone-width for a couple days.
Of course this could dump, but we might be past capitulation.

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Previous Analysis:
Jan 16 2019: Call for Top or Near Top
Jan 27 2019: Initial plot of Virus effect
Jan 29 2019: Virus effect a-b-c-plot
Feb 24 2019: Initial plot bigger Dip
Feb 25 2019: Dip update 1: Early Measures
Feb 26 2019: Dip update 2: Wave B targets
Feb 28 2019: Dip update 3: Friday Bounce
Mar 03 2019: Dip Update 4: Wave C warnig
Mar 11 2019: Dip update 5: Edge of Cliff

Previous Milestones:
Oct 11 2018: Top Warning
Nov 18 2018: Correction Map
May 07 2019: Top Warning
Jun 03 2019: Bottom Signal <= Must See

I also plot Forex and Crypto, see my TV Profile Page.
Comment:
Target off a bit, Fibs spot on.

So it went a little lower and then bounced nicely and now it is navigating through the zones,
acknowledging each one along the way.

So now we watch the reactions at each zone.
NY open in 3.5 hours, lets see what they do.

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