SPX bear scenarios: S&P500 may take one more dip
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Just throwing some Fib + EW scenarios for study.
The correction MIGHT actually be over.
The Fed was a little dovish last weak.
That may have been enough to turn it back upward.
As well, considering the historical ''Santa Claus'' rally, it might move up towards end of year.
SO, this chart is actually contrary to what history indicates.
BUT I will be watching for a rise and then signs of exhaustion.
The correction MIGHT actually be over.
The Fed was a little dovish last weak.
That may have been enough to turn it back upward.
As well, considering the historical ''Santa Claus'' rally, it might move up towards end of year.
SO, this chart is actually contrary to what history indicates.
BUT I will be watching for a rise and then signs of exhaustion.
Not
So a wave 3 looks well under way Not
Just posted a short term update looking for the next target where we might get a bounce 
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