TradingView
melvinljw
Feb 19, 2018 4:53 AM

Stock prices in for another flush 

S&P 500SP

描述

The wave count appears incomplete after the impulsive drop from 2873 - 2541. ( 5 wave move )

It appears we are in a corrective wave B, expanded flat 3-3-5.

We should be expecting another sharp move downwards, 5 wave, to complete a ZZ. 5-3-5

By extrapolating the length of the first move, we expect the next drop to be in equal breath and magnitude.

Estimated target is between 2384 - 2415. Which has a 61.8% fibo relation of wave 3 of the entire up move.
更多