E-Wave for the S&P 500 Index

[gdl]

NO indication we drop hard. in fact this has been so orderly and defined I can predict 3920 as a possible low either today or tomorrow. Since this is day 5 of drop most likely a continuation till Monday, day 7. That should end this down cycle. no drama so far and none indicated. I can't see anything that will cause a sudden drop from here. By end of day Monday we should be heading for a much higher move to perhaps 4500 on SPX.

Had hoped this was the continuation of the bear market but not likely. Today and early tomorrow should seal this move.