EWForecast
Short

SPX: Correcting As Expected

FX:SPX500   S&P 500 index of US listed shares
212 0 3
Hey guys,

Hope you guys enjoying the ride in S&P             like my prior timely post. I certainly did. And if you short, you can put it at Break Even and enjoy the ride. Unlike some negative commentary towards my prior post, I am not guessing when I posted the prior setup. Just look at all my post at tradingview and look at the winning record.

We do great market cycle analysis and correlation, and thus calling it when we see first sign of turning.

As to short target, it's likely correcting the cycle from February, so first set of target is 23.6 and 38.2 fib retracement at 1892 - 1930.

Good luck and trade safe.

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Twitter: https://twitter.com/cmellon1976
Website: http://elliottwave-forecast.com/amember/go.php?r=2670&i=l1

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