broughro
Short

Elliot Wave "C" of Expanded Flat Corrects SPX to Prior 4 at ~600

SP:SPX   The S&P 500 Index
Added 7/5/15 - Just saying...let's see how she plays out!...

This is an update to my earlier SPY             analysis published 3 months ago where I incorrectly counted 5 of B as complete. A triangle began at that time leading to the conclusion that this final thrust is the real v of 5 of c of B preceding the devastating C retracement to ~600 (this is C of the expanded flat ABC begun in 2000).

Loss of monthly momentum confirms the weakness of this "phony" B rally on weak volume accompanied by record optimism and extreme overvaulation. We should see 600 SPX             between Oct 2016 and Jan 2021.

Button down the hatches!
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out