FX:SPX500   S&P 500 index of US listed shares
Idea is based on a combination of Elliot Wave Theory. Median Line analysis and Fibonacci ratios. The rationale behind this technical analysis is shown on the chart. If you are going to trade this index according to this idea, please do so at your own risk. Good luck
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WOW scary man, exactly the same target!!!
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Thank you for sharing btw great input!!
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elp HamzaLeith
You're welcome! Here's an alternate count, where the current rally from the Feb low is a wave 1 with a w2 down then w3 up subdividing into 5 waves too, ending W3 at 1.618 of 1 at 2211, then W4 the biggest correction since 2011 with wave 5 up. However, sticking with my main count atm. Have a great weekend!
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Great, same to you!
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Here is the setup according to your count....I like it!.
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Mirandole PRO HamzaLeith
It looks better now :)
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Looking at emerging markets for concentration on what will happen to S&P. US much more reliant on developing countries, than ever before.
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Any take on EEM?
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HamzaLeith QuantitativeExhaustion
Somehow I can't get the chart of EEM to load JR, could it be due to a limitation in subscription?
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Should be working now. I noticed EEM was not working a few days as well.
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HamzaLeith QuantitativeExhaustion
Here you go JR
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Cheers Hamza
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Just some chart art....
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I think corrections in juni or July .. ... Will come soon to 1795. Sp because the start in sept or okt rate hike ...
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