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I_AM_FROM_THE_FUTURE
Aug 30, 2019 6:00 AM

CORRECT APPLICATION OF ELLIOTT WAVE THEORY TO OUR PROBLEM Short

S&P 500SP

Description

SO.. If the Elliott Wave Theory is NOT a B.S., I expect the next move to be DOWN! to C breaking any support lines!!!

Lets see what that ELLIOTT guy is worth!!

Check this out if you do not trust my interpretation:
elliottwave-forecast.com/elliott-wave-theory/

Disclaimer: This information is for entertainment only, it may be incorrect and should not be used for your investment decisions as you may lose all your money...and.. although my name says so, I am not from the future and don't know the future. I may or may not hold positions in symbols I talk about. I may change my mind and not tell you because posting stuff is not my priority. I just post things for fun based on what I learned and that may be incorrect.

Comment

SO DON'T FREAK OUT. GIVE ELLIOTT A CHANCE TO PROVE HIMSELF:)

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But if it does not work, don't blame me. BLAME ELLIOTT!!:).. I did not invent that s*%t

Comment

We moved up quite fast for the past 2 days to breach the 1st resistance. While that's bad, this puts us in overbought position vulnerable to pullback. This resistance breach may be just a whipsaw that u see on chart formations all the time.

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It may whipsaw to 2955 and pull back

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WE ARE BELOW RESISTANCE NOW. HOPE IT STAYS THERE
Comments
I_AM_FROM_THE_FUTURE
It may even whipsaw to 2955.
Meowstro
As a SPY put bagholder, I wanna believe... Thanks for showing me this.
I_AM_FROM_THE_FUTURE
@Meowstro, Yeah.. I hope we go down as Elliott says:) At least 3 waves in a corrective move. If we get 5 then even better:)
xCal
oi someone is on board with me yay!
I_AM_FROM_THE_FUTURE
@xCal, Of course:). We are going down:)
Bullandbeartrading
Solid short view.
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