S WAVE CHARTS

[snootmagruder]

My chart has a 553 point gain for "A" and just saying, C should be a minimum of 1.618 x A = 895 points. If the drop (or even the previous drop low at 2346) as start of "C" then your 3200 target should (might) be good. Another targeting issue may be the percent gain of "A" which was a whopping 80% gain and if "C" were to match it would be 1000 points higher than your 3200? Just saying, if trade deals were worked out with China and everything else was rosey?

http://c.stockcharts.com/c-sc/sc?s=%24SPX&p=60&st=2009-01-01&en=2019-10-31&i=p76608240220&a=671106850&r=1561041395673&r=1561041622760