S&P 500 Elliott Wave Projection

3 May 2020

Here is a view back to 2008 correction. We just completed a larger wave 4 and I am expecting a pullback for a wave 2 of (5) to the value area of 2400-2500. From there, I expect an explosive wave (3) up taking us to all time highs. I am short term short and will be long once reaching the target.