IHS, EW, Ending Diagonal... Bullish count

SP:SPX   S&P 500 Index
Rather misty chart I know... Lots of notations on chart but i'll break it down into one thing...
further up......in a slow pace - fits with summer vacation coming up.

Price action has made a possible IHS             . With target around 1960. Here comes also the 4.168 fib ext. of the high of wave i in the the final 5th of 5th in major wave (3 or C).

At the same time price have mad an ending diagonal (ED) - the Green line are the longer term. There is also a narrower ED with line going through the last 3 top. (pink color) .

It's all possibilities ... where it all ends... Your guess is as good as mine.
When in doubt... stay out... that will be my advice!
Time will show.... as always
Safe trading ladies and gents!
I'm more often on twitter with updates.... so follow me there!
Wave 3 topped at 1925,88 now in a wave 4 pennant preparing it self for thursdays ECB decision Here ES showing the wave 4 pennant: http://gyazo.com/4463c84998c6bd521e6bc1ceda3d022d
SPXU heading for gap area 23,6 fib
+1 Reply
WallStScalper WallStScalper
+1 Reply
$ES Harmonic bearish http://gyazo.com/2374234a3c4e26614619b1e157358ef4
At the end of a wedge. Could end in small retrace and subminuette wave 4 and still subminuette wave 5 to go for the wave minuette 3 ending at 1921 (red fib) http://gyazo.com/ac2bd307561c68a907da7beb65422c8d
Hmm....this one contradicts with your "Wave major 3 or C ending".
+1 Reply
Yes indeed it does.
Market is on the edge of breaking done . Having difficulties in making a new ATH and move on. It could be a top forming... but if not it doesn't have that more upside. That's the bullish count. It will bring us through low volume summer season with only retail dip buyers.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out