SP 500 Elliott Waves targets Part 2
The trend remains bearish for the SP00 and all technical bounce attempts have failed so far.
As you can see on the chart, the targets of this “devastating” C wave for the SP500 is
C= A : 1163.61
C= 1.38XA : 1066.84 (note that this corresponds to the bottom of wave 4)
C= 1.62XA : 1005.73
Bear markets sometimes extend well beyond what we can imagine.![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEij51JuP1YcjTwsOK22QLXZ0oj_nZpo8DSnggI8IagceOLTpbMT1oxzqDbp72NMtlB8DxiSW_TIFiJ_pKqS3xqxepdIBE_V_TKbEV70b_8DRXSwoaNHEQFASiEV1ZzHb3BA3WjW/s320/spx+elliott+3.bmp)
As you can see on the chart, the targets of this “devastating” C wave for the SP500 is
C= A : 1163.61
C= 1.38XA : 1066.84 (note that this corresponds to the bottom of wave 4)
C= 1.62XA : 1005.73
Bear markets sometimes extend well beyond what we can imagine.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEij51JuP1YcjTwsOK22QLXZ0oj_nZpo8DSnggI8IagceOLTpbMT1oxzqDbp72NMtlB8DxiSW_TIFiJ_pKqS3xqxepdIBE_V_TKbEV70b_8DRXSwoaNHEQFASiEV1ZzHb3BA3WjW/s320/spx+elliott+3.bmp)
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