By taking the fractal from the previous impulse and placing on top of the current run (with decreased timing) from the low, we can get an idea of how this fractal may play out if the ALGO target is indeed 6K for the S&P. Note the support and resistance trend lines and channel and how prices appears to respect those projections.
Note: Not Trading or Investment Advice. Entertainment ONLY!
Note: Not Trading or Investment Advice. Entertainment ONLY!
Note
Watching for the 55 EMA bounce into a lower high before possible retrace of significance. 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.