S&P 500 futures began to weaken early this morning in the European session and accelerated after the economic numbers at 8:30. I’m penciling in this drop as wave [III] of v of (i) and is developing as I type. While under 3836.50, S&P 500 futures can continue lower to test 3816.50 before a bounce in wave [IV]. I’m thinking a new low under that of December 20th tomorrow prior to a bounce over the holiday shortened week next week.
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Nice prediction/Analysis about SP500 and your wave iv at 3920 ES. A lot of peoples thought a new high today, but you still keep your Bearish Bias... Impressiv.!!!
About your last upadte (Midday 2022/12/22) your wave V target zone is [3854, 3772] but 3854 is already higher and done... (am i wrong ?)