AndyM
Short

SPX Game plan for today

FX:SPX500   S&P 500 index of US listed shares
179 1 11
Hi All,
Here's my forecast on the today's development in SPX             . We need to complete the final C of C of (4) up, before we proceed with the decline. I suspect that we may actually touch 2043 which is the end of wave (1) of the whole decline we had so far. We will then have a leading diagonal at play. Depending on whether we touch the 2043 or not the decline that will follow after with either be impulsive or zigzag'ish.
Anyway, today is supposed to be the last day of the ascending movement, and since the options expiration day is also today, we may expect the real decline to start monday 19th.
Agreed on the timing, I have many charts giving me this week as the last in the current developments.
It can fall short of 2043 but it's a good target to short.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out