FX:SPX500   S&P 500 index of US listed shares
5061 15 226
The S&P 500             is in in up trend. I believe we will see a couple months of correction before the next up move.
I know some of you are already asking what would FUNDAMENTALLY have to happen for that .
Well we will never know !! But the structure is already showing us the possible up move. I will be following this on lower time frame to see how the corrective structure develops . We will watch for a corrective structure to complete before the next up move . If the first fall is the A wave then we will see another low for the C wave.

Follow me for more updates on lower time frames.

your comment is welcome . Like if you agree.

I posted the webinar I did Friday on Aussie Pairs. If you didn't get it skype me for it : mangal457.
Comment: They know it now, the structure was showing it all the time.

http://www.investing.com/news/stock-market-news/s-p-500-opens-at-all-time-highs-above-2,135-points-413632
Comment: The Power of WAVE ANALYSIS !! When all the FUNDAMENTALIST thought it going to hell ,wave analysis says , consolidation for 6-10 months then UP!!!
snapshot
YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: https://www.facebook.com/ProwaveTrader
Training : add to skype mangal457
@anilmangal, I go back and look at this occasionally and am impressed every time.
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ajschmidt100 ajschmidt100
@anilmangal have you ever updated this chart? I am extremely curious about your analysis moving forward. Thanks!
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wow! great forecast! what about ger30 / dax ? thanks.
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Excellent put them gurus to sleep
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incredible...
+3 Reply
good to sell, following your rules, Anil
+1 Reply
anilmangal PRO puretradelife
My rules? do you know my rules?
+3 Reply
I'm in the class, do you know? Just updated my Avatar.
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anilmangal PRO puretradelife
ok but we don't talk about our rules here!
+5 Reply
I never told what they are.
+1 Reply
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