Geofftv1

SPX - To fill the Gap?

Geofftv1 מעודכן   
SP:SPX   מדד S&P 500
SPX looks to be completing an A,B,C zig-zag for minor wave 2 blue.
There is a gap at the 78.6% fib retrace around 2750 which may be a magnet for completing this correction.
Other gaps exist once the correction is complete which will draw minor wave 3 blue downwards in a possible larger fall.
Good Luck
הערה:
Minor wave 2 looks complete with an ending diagonal and did not have the legs to fill the gap, this is a bearish sign.
If correct minor wave 3 will pull SPX below the previous low.
Good Luck
הערה:
Minute wave 2 circle completed with a flat and minute wave 3 circle is in progress.
הערה:
This correction became more complex and may have just completed W,X,Y at the 78% fib level and closing an outstanding gap nearly. If correct SPX should decline into wave 3. Good Luck
הערה:
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