S&P 500 - On correction

٢٦ مارس ٢٠١٨

After the drop of last week, the S&P 500 is now entered on a correction vague according to the Elliot wave.
We can consider 2680 (between 0.382 & 0.5 of Fibonacci retracement) as a relevant short target before a new drop.
The trend line starting from the top (at 2802) is also a good help to fix this target.