S WAVE CHARTS

[snootmagruder]

Here's another look at this wave pattern. I have my old purple and red down forks and a large pink fork added which follows the red exactly. It's a simple A,B,C down with an up B wave a,b,c
both are based on c = a x 1.618 with the very near term target of 2781 followed by 550 points down to 2231 target. The April time frame for the end target was simply where the 2231 met the purple lower tine and is subject to be off. click on the chart for expanded view

http://c.stockcharts.com/c-sc/sc?s=%24SPX&p=60&st=2016-01-01&en=2019-04-19&i=p1021859065c&a=371613740&r=1550143934124&r=1550145715549