S&P 500. Possible map for current correction

٩ فبراير ٢٠١٨

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.

٢٧ فبراير ٢٠١٨

ملاحظة

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

٢٨ فبراير ٢٠١٨

ملاحظة

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

١٠ مارس ٢٠١٨

ملاحظة

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

١٠ مارس ٢٠١٨

ملاحظة

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.

٢٧ مارس ٢٠١٨

ملاحظة

Update with new labels

trend is your friend

١٤ أبريل ٢٠١٨

ملاحظة

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

٢٨ أبريل ٢٠١٨

ملاحظة

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

١٢ مايو ٢٠١٨

ملاحظة

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