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Post# of 10312
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Re: RCKS post# 10153

Saturday, 03/11/2023 4:01:12 PM

Saturday, March 11, 2023 4:01:12 PM

Post# of 10312
RCKS, This has been a difficult pattern since October. I think I'm being somewhat arrogant already by saying it complete, of course it could go to 3750, although I think it would need another week at least.
this chart has a green up fork and labels which is what I think has happened and completed except for the last C up. I try to justify the pattern with wave structure and lengths along with visual alignment of the forks respect to gaps and reversals. There are two wave length of interest here, the green a x 1.618 = green c and green A = Green C targets 4267 which is another fib in the larger chart.
The black fork has a good fit for the fork although wave length patterns were a stretch for me and I discounted them.
https://stockcharts.com/c-sc/sc?s=%24SPX&p=30&yr=0&mn=5&dy=0&i=p06009436668&a=1361469056&r=1678566423143&r=1678567275101

if it looks right it is right

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