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ES (SPX, SPY) EW projection, correction nearing completion

ES (SPX, SPY) EW projection, correction nearing completion

Two scenarios:
1. Correction may have completed an ABC from September high's in the form of a 3-3-5. This is bullish and can take us to ATH's.
2. Correction may still be in the third leg down and moving up short-term in a smaller Wave B, this would be a WXY that would complete as a 3-3-3 with target of ~3150.

Currently learning towards Scenario 1 but a large unexpected event can significantly impact this correction. Watching for price action at the 3330 and the 3360 levels for confirmation.

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