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merakshi

SPX500USD Leading Diagonal Triangle / outlook next week

Short
S&P 500 Index (OANDA:SPX500USD)  
merakshi  
OANDA:SPX500USD   S&P 500 Index
Elliott Wave Fibonacci S&P 500 (SPX500) US SPX 500 spx500usdshort
11
7
elliottwaves fibonacci spx500 spx500usd spx500usdshort
Hi all,

From my view SPX has finished a bearish LDT and is now retracing / consolidating. I expect the retracement to stop at 50% which would coincide with the peak from FEB 20.
When this happens, you can expect a very sharp downwards movement to the level marked.

Cheers,
Merakshi
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