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Rare and bearish pattern for the SPX

Short
S&P 500 Index (TVC:SPX)  
markrivest  
TVC:SPX   S&P 500 Index
5
3
Today 10/5/16 the SPX may have completed a Running Flat labeled as wave (II). In an Expanding Flat wave "C" exceeds the termination point of wave "A". In Running Flats wave "C" fails to exceed the termination point of wave "A".
This pattern is rare and very bearish, it implies a very sharp decline in the SPX is imminent.

Mark
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