markrivest

SPX Still Completing Ending Diagonal Triangle

Short
SP:SPX   S&P 500 Index
My post on 12/14/17 had a question mark after the supposed wave "IV" of the Ending Diagonal Triangle. The reason was because of the small size of the supposed wave "IV".
Today there's an exclamation point after wave "IV" because it bottomed in between two Fib support areas.
The brown line at 2651.46 = .50 of wave "II".
The blue line at 53.76 = .382 of wave "III".
Upside target for today remains 2675-2678.

Mark

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.