FX:SPX500   S&P 500 index of US listed shares
109 1 1
Modified the green count to an old alternative. Added the white and yellow alt counts. Yellow is the most aggressive, and requires a future pullback to hold high support. Taking out the top of the coming high in presumed yellow (i) would be a strong bullish indication that a trip to 2500+ is underway in wave 3. Holding lower support in white or green counts only delays the 3rd wave into late '16 / early '17. Breaking below the 61.8% retrace of the upcoming high (presently at 1924 buy possibly moving higher) would suggest the entire rally off the Feb low could have been corrective and the lows will be test again.
The green count is my primary expectation, but willing to accept any development in stride.
bimmerbob
5 months ago
Good chart......thanks for sharing.
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