E-Wave for the S&P 500 Index

[RCKS]

Well the market liked the WHO saying that travel is not restricted with the coronavirus, thus allowing people to travel for commerce but with caution.

The bounce still may just turn out to be a B wave of a Wave 4, meaning we still go at least another leg down. I think that is the take Pretzel will have tomorrow.
The health scare could still morph into something more but not saying it will.........

On the 60 min spx chart we broke above the down channel off the top as I drew it anyway.............

http://stockcharts.com/c-sc/sc?s=%24SPX&p=60&yr=0&mn=2&dy=0&i=p78809797633&a=223825916&r=1580419574185