Technician
Short

Pulling the short trigger on the U.S. stocks market

INDEX:SPX   S&P 500 Index
4998 23 77
If you have been following my analysis, i posted several ideas on why i am bearish on stocks. You can find them in the related links below.

I am just updating with my short position.

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One pullback prognosis confirmed, are you still awaiting the bigger one?
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http://prntscr.com/9ejae3
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just an idea for the Trading View Demo account
http://gsfn.us/t/4tbft
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Can't agree more. Wave 5 of the leading expanding diagonal is on. The target is either 1730 or 1560, we'll see how it goes.
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Im in
thanks
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I completely agree with you on this
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EWS PRO RussianAmbition
I hope you already know it, but you have violated all the possible rules for the Elliott Wave Principle above, but one.

As there are only three rules I think it's pretty amazing that your count has managed to violate them all, but one. Just to sum them up they are.
1: Wave 4 must not overlap wave 1 - Yours do
2: Wave 3 can never be the shortest - Yours are
3: Wave 2 can not go below the start of wave 1 - The only one that follow the rule.

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i completely agree with you. is this more accurate?
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AndyM PRO RussianAmbition
It's time to go long then!
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If I'm not mistaken, another rule is that a motive wave has to be composed by 5 subwaves, and, if I'm seeing correctly, there are only three subwaves inside your proposed wave (1), so perhaps it could be a zigzag wave A instead.
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