StockSignaler

Is This Decline A Clue To Something Greater

Short
SP:SPX   S&P 500 Index
Intermediate wave 3 has lasted 67 trading days, but the latest bull run appears ready for a break. I have conducted derivative analysis on all of the movement in this super cycle wave 3 to identify where the next bottom will occur. It appears set to occur by October 24, 2018. The following are potential turning points for this bottom.

I have bolded the most likely levels:

2878.28
2846.32
2844.90
2841.29
2840.19

2830.43
2813.89
2809.40
2778.61

The full analysis is free on my site.

All forecasts are based on analysis of past behavior. Prior movements are not always indicative of future movement. Develop the theory, test the theory. Do your own research. Nothing in this analysis constitutes advice. YouTube For More. Good luck!!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.