wavepatterntraders
Short

SPX ENDING DIAGONAL

SP:SPX   S&P 500 Index
578 7 15
Need a bit more upside to complete a possible ending diagonal on the SPX             , the DOW and the NDX have the same idea, once its complete then its time to get aggressive on the short side. AGGRESSIVE SELL SET UP
HamzaLeith HamzaLeith
+1 Reply
Could you help me with the final count (I'm still learning EW)? I posted 2 questions on chart. thank you for your comprehension and help.
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The box area could be labeled as some sort of WXY correction, its not that important how you label, but as it appears corrective, the impulse labeling is fine, with the weakness on Friday, wave B may morph into a triangle, so its a still on going correction http://charts.stocktwits.com/production/original_38555780.png?1434775219 Regards Nouf
+1 Reply
diamondekk wavepatterntraders
Thank you for your reply, Let's see how the market will play this, any update nice welcome;-))
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Thankyou for sharing your chart analysis.

It looks very good and I agree. This could be a very significant top.
+1 Reply
Thank you. Would love to see you more active here and share your views. TIA.
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