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PlannedTrades
Jun 18, 2016 8:55 AM

REVISED WAVE COUNT - WXY(Z) Zigzag 

E-mini S&P 500 FuturesCME

Description

Change of plans... I'm going with my original forecast from way back when (see my first published charts) - I think we're in Supercycle Wave (B)... which means still higher prices so that part hasn't changed; and still a major crash afterwards (no change either). We might form a TRIPLE zigzag though, but consider serious hedging at SPX = 2500!

The NASDAQ Composite, or QQQ isn't confirming a new supercycle impulse (from the March 2009 low) - an old Dow Theory tenet (averages must agree / confirm on another). The Dow itself looks to have formed a zigzag as well. Anyway, if I'm wrong... then I'm VERY VERY WRONG, and we're right on the cusp of the coming CRASH!!! Though I'm still taking a chill pill, and waiting to buy the pullback =c)
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