captain_smollett
Long

SPX500. Bullish Cypher?

FX:SPX500   S&P 500 Index
Bullish cypher on SPX500 which coincides with the Elliott Waves count (posted below).

Fundamentally, SPX500 can fly over the historical maximums even between tomorrow and Monday (08.07.2016 and 11.07.2016 for the records) amid huge capital transfer from EU markets to US markets. Plus, the market will price in that the FED will not hike rates in the next meeting with everybody expecting a very dovish statement.
Comment: Now it supposely has to go down =)
Comment: It wasn´t me on Friday =(
Comment: Expecting a retrace on Monday, 12th of September, and will short from 2157 level. SL: 2195, TP: 1960
Comment: Still in play?
Expected wave structure

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