I am getting multiple indicators between 501 and 503 for a bottom target for this retrace at approximately 12:00-12:05 PM, and one indicator for 441 (much later). I'd guess 501/3 is the bottom today. It should then go into a climbing wave which would then retrace to about 78% of its climb giving a double bottom and the first two waves of a potential EW impulse set. Target becomes highly likely if the current bear flag breaches cleanly below the flag before it breaches the falling channel. Significant resistance at 527-532. Anyway looking like it will not go to the 400's, or at least not below 497.
I am getting multiple indicators between 501 and 503 for a...
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