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SPX 500 - Running flat or Expanding Flat in the making

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SPX 500 is currently correcting, since we broke the top there can only be 2 possibilities for this correction - either a running flat or expanding flat depending on whether C wave breaks the A wave low or not.

Short the breakout for nice short setup SPX. Expect this move to be swift very similar to one we got towards the beginning of the yr.
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Pushed up slightly higher. The upside is very limited, diveregences have been building for a while. Keep an eye on the break down for a short.

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Easy short. Got a break out and nice consolidation for short on SPX

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Aggressive move like expected. I don't believe this is the stock market "crash" is the beginning of bear market. I expect new highs to made after the completion of the corrective structure

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SPX watch out for this corretion and another leg down before reversal.

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Chart PatternsElliott WaveelliotwaveanalysiselliotwavecountSPX (S&P 500 Index)S&P 500 (SPX500)spx500forecastspx500shortTrend AnalysisWave Analysis

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