S&P 500 day trading broadening top price projections

S&P 500 day trading course broadening top with decreasing volume at top side consolidation. Price projections for a continuation and a reversal.

Eliot wave

using fibs butterfly w reversal

Focusing on the volume pattern and the wide ranging bars on the top side consolidation in the blue ellipse.

If we break through here taking this to 1044 area, then the 1st leg down could be to 830 area unless the retracement is to the 76.4 which would be again around 790.

If 5 extends to a 100% extension of the first leg then we are looking for 1140 as a high.
Doubt it.
865 – 75 would be a major area of support on the way down and could see a week of consolidation before continuing.