S&P 500. Possible map for current correction

9 בפבר׳ 2018

It looks like first 5 waves down of wave A are over in the upcoming zigzag structure.
Next we could see 3 waves up in the countertrend correction, wave B.
It could reach between 50% and 78.6% of wave A.
Then there is a second leg of 5 waves down of wave C.
Let us see how it goes.

27 בפבר׳ 2018

הערה

It reached the charted end of zigzag, it would be a magic if it falls right from there

28 בפבר׳ 2018

הערה

Now it is safe to say that the blue zigzag I added to the chart is showing magical accuracy )))

10 במרץ 2018

הערה

It could be a full retracement in wave B to shape regular flat

10 במרץ 2018

הערה

two other options white & blue labels
As soon as previous top at 2789.15 wasn't tagged there is a chance that we have very deep wave 2 of C (white).
Blue option have no problem with this invalidation level and can unfold anyway.

27 במרץ 2018

הערה

Update with new labels

trend is your friend

14 באפר׳ 2018

הערה

Updated target at 2434 where Y=W (yellow labels)

28 באפר׳ 2018

הערה

Updated targets:
Target 1 = end of W = 2533
Target 2 = y=w (yellow) = 2472

12 במאי 2018

הערה

initial idea almost fully came true but the reversal invalidated this pattern at the end