SPX main target for the whole move down is at low 2400!

Oct 13, 2022

Sometime things are super simple!

This low wont be even lower then 2020 lows!

I did expect the 2020 lows to be re-visited since Jan-Feb of this year!
Well its coming imo

Will it be Oct-Nov low or extend into 2023 Mar/Apr low, I dont know.
I would like to see that low to be seen in Nov and Q1 next year to be a higher low.
Then we rally so hard into 2025-26!


Have a good night

Oct 14, 2022

Note

Today we held 50% retracement off 2020 lows, should of check that yesterday, as I have removed that target from my charts recently.
There are extensions lower and I think we get much lower before its over.

Here is the ruling for the wave 5 down (which should mark the A wave of this bear market)
If wave 1 and wave 3 are not extended (wave 3 not > 1.618 of wave 1), look for wave 5 to extend.

Oct 14, 2022

Note

- There is a good fib confluence at my 3212-42SPX zone, expect the price to hold there for another bounce.
- There is next fib confluence at 2800 zone

Expect huge bounces during huge down days!