Morning Update: SPX headed down to complete "iii" soon

Here comes the boring part of this pattern till we bottom.

What we have left is a series of 4's and 5's. So, where as we could still get down to 3280, it appears we're going to systematically step lower fashion completing this remaining 4's and 5's. I would like to complete our 5th wave of minor sub wave iii today with a breach of the June Lows. Let's see if we get that push below the June lows.

From there we will come right back into this low 3700 area for wave sub wave iv then down again to complete the larger wave 3 as low as possibly 3500-3550. Back again into the same area low 3700's maybe slightly lower this time and then down one final time into the mid $3300-3450 range. I’ll dial this in once we get a 1-2 set up in our wave 5 down of the larger C wave of IV.

Important heads up:Us lucky folks in Florida in the US are now under a hurricane watch. The governor has declared a state of emergency as we should start to feel the effects of the storm tomorrow. I will be preparing to ride this out at home with my family...and will try to keep you guys updated.... if I lose power, you’ll know it because I’ll stop posting my regular updates.

Best to all,

Chris