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S&P 500 Daily

The growth of the S & P500 index did not stop at the standard levels of 162% and 262%, perhaps the reason for this is the stretching of wave 5. In this case, the ending of wave 4 usually divides the whole impulse 1-2-3-4-5 over the golden section.

The candidate for the end of wave 5 will be level 2936, but it is important to remember that this is not a rule, but only a norm. Thus, the price will tend to this level, but the reversal itself can occur earlier.

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