I have considered that scenario. That would be the wave-C.5 has the same size as wave-C.3. Since there are infinitely many possible ways of wave counts, I cannot draw all of them on the chart. The chart would become a spiderweb if I do so. The reasons that I tentatively rule out that scenario:
1. The wave-C.3 has already demonstrated wave extension, wave-C.5 is less likely to repeat that again, except in some extreme case.
2. 1050-60 area has a multi-year channel line.
From my past posts, you might know that I am extremely bearish on SP. My long term target is around 900-850 area. If it does happen so quick, then I am glad to see that. For now, my view is 長線大空頭, 中期反彈將至.
Not a bull, not a bear, I am just a wolf ... 偶還是習慣稱行情漲為紅盤跌為慘綠