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S&P 500 Index
Short

Bears coming out of hibernation - Double zig zag count SPX500

By Nathanael
I count a possible double zig zag with a bearish ending diagonal C wave. Markets feel toppy, markets look toppy...If we continue to break down out of the channel, Im guessing we could see similar lows to last month (and most likely continue to fall)

For this play, a safe stop is this months top ~ 2080. Target 1820 (for now...)
Bearish PatternscorrectioncorrectivewavedoublezigzagElliott WaveEnding DiagonalS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) wave

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