FX:SPX500   S&P 500 index of US listed shares
151 5 2
Broke down below ideal support on the micro structure. UNLESS this completes as an Ending Diagonal to the target box above, price could drop into the minute wave iv support between 2008 - 2027. Below there, larger picture suggests support in a Leading Diagonal off the Feb low (blue count). The purple count is relatively more bearish , pointing to the 1700s eventually - see daily and weekly ideas - but would still find support as an alt (4), or perhaps as a 4th of the larger degree.

BOTTOM LINE: Fourth waves are among the most difficult patterns to trade, no matter which Elliott Wave degree.
Starting to take shape. Might play out over the weekend into Monday/Tuesday.
snapshot
Reply
The yellow DTL from all-time highs has been my target for weeks now. Trying to see if the nano patterns support reaching it here on this final move. Doesn't have to be hit, but the target box is achievable imo.
snapshot
Reply
These aren't super precise, but here's two ideas for how this move could complete. I'm taking off almost all my market indices longs today with plans to reload in minute wave iv (ideally around 2008 SPX).
snapshot
Reply
Thanks Andy
Reply
nice job.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out