David_CMT_CFA

SP500 to 1560-70...Lots of resistence

SPCFD:SPX   S&P 500 Index
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Major area of resistence with an ending wedge at this point and multiple confluence at those levels.

Also ties into previous SP500 high...

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Do you use the method of drawing from right to left side of chart for confluence zones .ie connies technique
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David_CMT_CFA learntotrade30
Based on Elliott count. But i will use Connie's method from time to time. Elliott gives me a better context to view the swings.
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learntotrade30 David_CMT_CFA
Thanks I am using ellliot counts too but havent tried connie's confluence zones with elliot wave targets yet.
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