S&P 500 TP HIT… Now back down!

٢٢ يوليو ٢٠٢١

The fifth and final elliot wave is now complete. I based my projection off of the guideline of equality and fibonacci retracement, that states when in a five wave sequence, with a third wave extension, the 5th wave is equal to the size of the first impulse wave. Then as some of you may know we always see our ABC retracement down to the 4th wave. Once again good luck! Let me know if this helped and if you’d like to see a more in depth explanation.