This is the first post of four projecting what could be a major SPX top at 3050 sometime in May 2018.
Please read all four posts to get a complete picture.
My March 30, 2018 post speculated that the SPX may have completed a five wave Elliott Wave Horizontal Triangle on March 28, 2018.
Sometimes Horizontal Triangles can expand to nine wave patterns. This could been what happened recently with a nine wave Horizontal Triangle
ending on March 29th at SPX 2604.43
This small wave structure could be one of the final pieces of an Elliott wave and Fibonacci puzzle that goes all the way back to the year 2000.
Mark
Please read all four posts to get a complete picture.
My March 30, 2018 post speculated that the SPX may have completed a five wave Elliott Wave Horizontal Triangle on March 28, 2018.
Sometimes Horizontal Triangles can expand to nine wave patterns. This could been what happened recently with a nine wave Horizontal Triangle
ending on March 29th at SPX 2604.43
This small wave structure could be one of the final pieces of an Elliott wave and Fibonacci puzzle that goes all the way back to the year 2000.
Mark