$SPX - Market Analysis for Mar 22nd, 2018

If price completed wave a of (iii) at today's low, then 2691 - 2710 is technically possible for the corrective bounce in wave b of (iii). This is all tentative of course given the variable nature of ending diagonal structures. I still see no reason to expect anything more bullish than that at this time and fully expect that further downside will still eventually be seen.

$SPX - Micro - Mar-22 0921 AM (30 min)
$SPX - Micro - Mar-22 0921 AM (30 min)
Garrett Patten is a senior analyst at ElliottWaveTrader covering both U.S. and international equity indices as well as stocks.