Economic Barometer in Full Alert But SPX Doesn't Care?

1:1 Fib extension has been hit to the tick (A=C) but prices seem to want to reach the 0.618 retracement (GZ). Oil prices - which act as an economic barometer - are screaming for bear market but will SPX and NDX listen?
Chart PatternselliottwaveprojectionelliotwaveanalysisTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)spx500longspx500shortUS SPX 500SPXSWave Analysis

Also on:

Disclaimer