markackerman

Elliot Wave Count Guideline

Short
markackerman Updated   
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
It appears that the #SPX has experienced a whole #cycle 1,2,3,4,5. If I am correct, #SPX in now experiencing a WAVE 2 #correction.

I will keep everybody update on hopefully a nightly basis, so that we prepared for #WAVE 3 #impisive. It should be a 4 to 6 #week #rally.
Trade closed: target reached:
SPX has landed on #support #line last #friday. I suggest that we are going to #bounce from this #level tomorrow. Whenever the FED makes its announces from the #FOMC meeting, the #market tend to go up from that point and time. FED Powell has informed the investment community that he is only going to #raise #rates #50 basis points.

SPX, DIA, NDX are negative in a downtrend. We should get get #confirmation this week if the #markets are in a real #BEAR #MARKET,

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