max_andronichuk

SP500 to reverse lower? Elliott Wave analysis

Short
SPCFD:SPX   S&P 500 Index
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3
http://www.youtube.com/watch?v=AjWMvEn8_...

Please watch my video for an explanation and commentary as to why I believe:

SP500 will likely reverse lower soon
Gold and Silver breakouts are false
Facebook is nearing a major low can could rally hard


Questions and comments appreciated :)

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Followed.
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Followed.
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Looks like the 5th leg up has now occurred... so I will be waiting to see a break of 1392 to begin the reversal I am expecting to unfold in 5 waves down.
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olajidetaiwo max_andronichuk
the 5th leg is extend one and i think it will have to complete the wave.
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Followed.
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Agreed.
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