S&P500 Long then Short: Last Wave 5 of 5

In this video, I updated the wave counts for S&P500 and expects a last wave 5 of 5 (thus the long). I uses 2 Fibonacci extensions to project the final target and chose the lower of the target as the TP.

Once the target is reached, then we look for a reversal signal before entering short. The target of the short will be the end of sub-wave 4 as illustrated.

Good luck!