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Wednesday, April 15, 2015 9:01:56 PM
SPX and WLSH, todays move tightened up the pattern and there's not much if any room for up before it gets trashed. The down target for SPX is now 1950 and above that pink TL, although WLSH is still targeting below it. I found it interesting that SPX with a daily chart showed the pink TL at 1949 and the 1 hr at 1940 , both looking at the May 1 target date. That TL is also very long and I've never seen a similar pattern to compare. The 1950 target is a golden ratio to the first wave down "W" that ended at 1972 and adds some confidence. Also, the length of (W) added to 1950 would hit the 2212 target nicely after this drop.
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