SPX500 Count Update – Flat Wave 2 c-Wave Starting

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SPX500 Count Update – Flat Wave 2 c-Wave Starting S&P 500 Index CashFX:SPX500LIVERMORE333S&P 500 Elliott Wave Count Update (Re-examined — yesterday’s night post was rushed) No change to the downward impulse scenario starting from the 2/11 high. Wave 2 is currently in progress as a flat correction (a-b-c). The move from the 3/23 low is viewed as a flat a-b-c structure. The b-wave low is around 6,350 (or extremely close). Therefore, the c-wave (upward) is expected to begin immediately next week. Upward/sideways action inside the flat is likely to continue until around April 6–7, after which impulse wave 3 decline should start. This week’s bias & position Bullish ⤴️ c-wave targets ① 6,648.60 (Fib 0.382 retracement) ② 6,694.46 (end of flat a-wave) Higher levels are possible, but these are my primary targets for now. Invalidation Break above 6,971.54 → the larger decline is considered over for the time being. #SPX #SP500 #ElliottWave