BUT I'm neutral to on the SP500 .
Fib 1,27 is being hit exactly at 1763
The has a setup
The Shiff is hit at it's top
EW A=C (or wave 1=wave 3) in length.1779 is the actual level.
Whether or not it's theeee top or we only will have a bigger correction - remains to be seen. In the EW-terminology we have had 3 waves now. If we are to have a 4th and a 5th...hmmm
....as always..... Time will show!
Safe trading Gents!
Music at work:
There is no chance of a cup and handle only a double shouldered IHS is left with a slightly higher high target at 1795......but but....but hmmm. Safe trading gents! BM http://gyazo.com/843a2559daa9c736c99eaf1648e4e4d7