SHORT ON SP500

For what I see at the moment, the wave 3 (blue colour) has not ended. Internal waves of this wave3 are still under way and we are currently in the wave IV, that should hit the 61.8% fibo retracment from december lows. Then we should see another leg down. Fibo proj on wave 1 and wave 2 (blue colors) gives at 161.8% a price in area 2260. So thats my target at the moment. Unless price structure changes.
Any comment/critic is well accepted as always.