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Fomenka

#SP500 Update

S&P 500 Index (FX:SPX500)  
Fomenka Updated   
FX:SPX500   S&P 500 Index
Elliott Wave S&P 500 (SPX500) nasdaq S&P 500 SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) US SPX 500
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elliottwaves spx500 nasdaq sp1! spy spx spx500usd
SP500 is likely to slide today in what I see as wave of expanded flat. After this correction there is likely to be another leg up which may take shape of an ending diagonal since the market is in the process of rolling over.
Comment:
but to be clear - at this stage this is pure guesswork
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