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S&P "V"

S&P 500 Index (FX:SPX500)  
sJudge Updated   
FX:SPX500   S&P 500 Index
Fibonacci Elliott Wave
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fibonacci elliottwaves
S&P has reached a lot of resistance here at 2710 (fib, MA100) with 5 waves up (small 5th wave). If we break above the 2710 area and the MA200 @ 2743, the next stop is 2812 (fib) and the top of the "V" pattern we are currently in.
Comment:
2812 finish line is in sight. Will look for possible change in direction there.
Comment:
Target reached. Bearish pinbar at 2813.
Comment:
And 2813 again.
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