markrivest
Short

SPX shorting opportunity on open 10/4/16

SP:SPX   S&P 500 Index
98 0 2
The SPX             from the early low on 10/3/16 appears to be forming an Elliott wave Expanding Flat correction . Wave "c" of this pattern looks like a developing Ending Diagonal Triangle.

A 50% retrace of the decline from 2175.30 to 2154.80 targets 2165.05
Wave "a" of the Expanding Flat was 7.00 points x 1.382 = 9.70 + 2154.80 = 2164.50
Broader range is SPX             2164.00 to 2165.80

It is most likely the SPX             could reach this target within the first 10 minutes of trading on 10/4/16.

Mark


English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out