markrivest
Short

Progress of SPX Minor wave 4

TVC:SPX   S&P 500 Index
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Minute wave "b" of Minor wave "4" appears to be forming an Expanding Flat. See pages 45-47 of "Elliott Wave Principal". There are three Fibonacci coordinates in the area of SPX 2090.50 and 2091.20 allowing for leeway the broader target is 2390 - 2392.50.

Price target could be hit in the first hour of trading on 3/17/17. If a top is made in the price/time zone the next decline could bring the SPX to the 2280-2300 area.

Bulls-eye time target 3/27/17.

Mark
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