Replies to post #397 on SPX Elliott Waves (SP500)

[gratitude]

Hi N :)
All my indicators, 3 min and hourly turned positive so i believe that it either gaps up from here in a wave 3, or it goes down to 3320 and goes up from there in a wave 3. That's why i believe a black wave 3 is coming. As for target, who knows? 100-150 points from here? The entire red wave 5 should be done by the end of March.

However, you might be also right, and it might go in a zig-zag down - none of these options would invalidate the Elliott waves theory.....