where does this complex abc x abc wave END? and how high
We are in a correction pattern against a downtrend
So far they got to SPX 1316 and as high as SPX 1395
1575-1275= 300 pts
300 x 40%= 120
1275 + 120 = 1395
Next fibo level = 50% = 150 pts = spx 1420- very doable, but when? = March 14th is when.
Until March 7th its a game of give and take, or wild swings within a range from 1330 to 1370
today was picture perfect
lows hit @ 11am = 66 bars
@ 1pm , very minor dip = 90 bars
Venus 45 to Uranus @ 2;18 turned market into a dive,
and the next important bar count is 126b @ 10 am tomorrow
After which they can run it up till mid day before looking for the next bar cycle @ 180b = 3pm.
Best Wishes
Jay
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