FX:SPX500   Indeks S&P 500
1
Cleaned up my counts a bit. Expecting support to be reached, perhaps next week. Reaction off of 1990/2008 region will help determine in which way this whipshaw corrective pattern will resolve. I see 2000 region as a buy opportunity with a stop below that coming low. Impulsive rally would confirm a meaningful bottom. Corrective rally would point to a deeper wave 2 as shown in yellow, although the nature and targets for the minute (circle) b-wave aren't clear yet.
Only below 1920 region would I be concerned about a test of this year's lows.
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