SPX /SPY target area still 1694 to 1710

SPDR S&P 500 ETF TRUSTArca

Description

⋅ May 29, 2013 6:32 PM

Clearly in a wave 4 pennant which will give us a hh on the daily SPX/SPY. I will short at ((iv)) d-wave and go long at ((v) e-wave. I will be long until top of wave 3 in the 5th wave up and await for a all in short at around 1700.

Safe trading to your all.
BM

Comments

QuantitativeExhaustion

⋅ Jun 2, 2013 2:57 PM

tradingview.com/v/Y7RlzpuT/

Try this

CoinedByCrypto

⋅ May 31, 2013 8:19 PM

This pattern is invalid with the takeout of wave 1 low.