rv
Long

SPX500 (H4). Potential reversal.

rv  
FX:SPX500   S&P 500 Index
1016 views
15
1016 7
Potential double bottom 9/2 low.
Potential Elliot Wave 5.
Down_trend line break.
ABCD .
50% retracement .
Break_line channel.
pin bars x 2.
RSI bullish divergence .
Could be a double bottom if the market gets over the strong dollar angst. Nasdaq has made a new low which isnn't a great sign of things to come as it was the NASDAQ which led the last rally. There's a dirty great shooting star on the DXY hourly. It's all a bit up in the air at present.
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rv HexVex
quite possible, thanks for your thoughts.
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Agreed, someone's looking where we should be looking.
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Perfect so far :) Excellent work! Thanks!
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rv HexVex
you welcome. this could be a flat abc, otherwise it may be running out of space.
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Do you read minds too :-)
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rv BobbyBlueShoes
ha, was trying to read what Bernanke had to say, but i gave up on that. :)
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