Notes on chart. The SHARK on SPX500 does not show here as the low was made overnight. But we are at the .50 retrace and an AB=CD from here would align well with the Deep Crab target. If we moved into the .618 retrace,
rather than the .50 retrace where price is now - this would still work.
rather than the .50 retrace where price is now - this would still work.