As per the current count it looks like we are in last leg up of the complex correction for the completion of Wave .Y (Yellow) once the same is done which should be confirmed by a break of the Pink channel to the downside we can see a huge leg down which can take SPX to the 2530 levels or even lower.
Bearish sign : Break of channel to downside.
Expected targets :...
In my previous count I predicted that SPX will head higher in Wave 5 for targets around 2370 and 2500+, since then the movement has been as expected, as of now there are multiple probabilities that can play out.
Probability 1 : The Wave 1 of Wave 5 has formed an Expanding Leading Diagonal (Count in Yellow)
Probability 2 : The Wave 1 of Wave 5 completed around...
