Evening Update: We're in the target box

The SPX came down today just shy of the 1.0 extension at 3966. Nonetheless, the Fibonacci 1.0 extension is a perfect place to bottom. If tomorrow we make a new low, I'm thinking it will be nominal. Attached to the above chart is how we confirm our bottom. The 3rd and final will be updated later. Let's hope we're back in rally mode shortly.
Chart Patternssp500indexSPX (S&P 500 Index)S&P 500 (SPX500)Trend AnalysisWave Analysis

Aviso legal