Replies to post #371 on SPX Elliott Waves (SP500)

[NASARAVI]

G

Have we finished your red 3 wave and on the onset of 100-150 point drop to red 4?

Looks like so -

Also, do you see a market top in March 2020 and a secondary top October 2020 ?

Thanks in advance for your expert opinion .

Regards.

[gratitude]

Current Elliott Waves - From 2855.94, it started red wave 3, and so far it finished black waves i, ii, iii, iv and v. This count might be invalidated if spx goes above 3338.

At this point, it finished red wave 3 and it should correct at least 100-150 points as red wave 4, probably in the shape of an ABC down. I won't be surprised to see spx going a little bit down and a little bit up to test support, and then it should head down if my count is correct.