SNP500 (SPX) - Bearish Intermediate (C)

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The question is not if it's going to drop that hard, the question is if it's gonna honor the fibs and provide a good entry.

When it hits the fan, don't say you weren't warned.
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Brace for impact part 1:
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*SPX created a higher high, enough to complete the corrective pattern.
Will it honor the fibs as well or just start tumbling?
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Seems like it's forming an Ending Diagonal.
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Trade attivo
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Elliott Wavesnp500snpshortSPX (S&P 500 Index)S&P 500 (SPX500)spxsellstandardandpoorsWave Analysis

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