SPX Short Play for Fun
Updated
Playing around with ideas...
Possible ABC correction with C wave about to begin. If this doesn't occur by end of this quarter, it could be pushed out to Q4.
First fib target at -0.114 and intersection of darker blue line of pitchfork (approx. 2052).
Lower targets could be met if path ends up being expanded flat (anywhere from 1906-1730)
Stops = dotted lines
Possible ABC correction with C wave about to begin. If this doesn't occur by end of this quarter, it could be pushed out to Q4.
First fib target at -0.114 and intersection of darker blue line of pitchfork (approx. 2052).
Lower targets could be met if path ends up being expanded flat (anywhere from 1906-1730)
Stops = dotted lines
Comment
st.1 = 3177st 2 = 3238
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