EWStructures
Long

SPX500 - Might be time for a correction

FX:SPX500   S&P 500 index of US listed shares
188 2 5
As long as SPX             stays above 1990 I'm bullish but a correction seems likely from here now . Wave 5 of minor wave 1 barely stuck it's head out above the extreme of minor wave 3 but I count 5 waves up so I reckon wave 1 (of wave 3) is complete. If this plays out a great opportunity will present itself to catch wave 3 of wave 3 which should be fast and furious and that's the way we like it. :)

Long term picture is still valid:
S&P - More upside to come
PKA
4 months ago
EW is a joke imho.
Reply
tushargupta1991
4 months ago
Perfect analysis!! Great
Reply
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