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Teklologist
Apr 17, 2019 2:45 PM

SPX Bull and Bear scenarios: EW, Fib 

S&P 500SP

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Chart says it all. I am bearish. What are you?

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Here's how the bearish case fits into the bigger picture.

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Trading idea based on the depicted bearish scenario.

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For those interested, here’s a potential EW five count since Dec 2018 low.

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Comments
The_Unwind
Perhaps the trick in life is to not say the obvious.
"loose lips sink ships "
Thank you.
Teklologist
@The_Unwind, in some cases. But, generally speaking, I think people should speak up more often. It enables conversation. Regarding this market, it remains anyone's guess what will actually happen. It's been quite an exhilarating ride so far.
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