SP 500 is correcting in an ABC pattern (see my previous posts below). It seems to have completed the B wave and now appears to be in Wave C which could take it down to 2685 if Wave C is equal in length to wave A. Dow Jones and NASDAQ are also moving down in a similar pattern.
Correction idea published on May 11
ABC pattern idea
Note: It is not a trading advice.
Correction idea published on May 11
ABC pattern idea
Note: It is not a trading advice.