SPX Update - 3/22/18
Timothy Sharp - Mile High Strategies
![Timothy Sharp - Mile High Strategies]()
Timothy Sharp - Mile High Strategies
Swing King - creator of the SAR Momentum Trend Swing System.
On 3/11/18 I posted an update on the SPX progress since the chart I published on 4/9/16. At that time, I suggested the SPX needed one more leg down to complete the present correction.
As of today, that correction is well underway with my three favored targets to complete this correction being: ~2592, ~2462 and if the fecal matter really hits the oscillating blades, even as low as ~2332.
Personally, I favor the middle target of ~2462, which would make wave-a = wave-c, then wave-iv would be complete, with wave-v to go, with a potential target of SPX ~3600.... time will tell.
You can find the updated chart of the SPX through today’s close here: https://postimg.org/image/yznra47rt/
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