AlphaCondor
Short

Where I see this going

BATS:SPY   SPDR S&P 500 ETF
295 9 1
ABC correction to form a H&S pattern
KevinT
3 years ago
I would like to agree, but with the US market on steroïds it's a tough call.
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KevinT
3 years ago
Bearish Hamari?
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AlphaCondor KevinT
3 years ago
A classic one, also a .5 retrace of the move down. Tops can be very choppy business and past few years its been hard to get any downside before May
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itssean310
3 years ago
Spot on with the low being point A(so far). Great work
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AlphaCondor itssean310
3 years ago
Thanks! :)
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itssean310 AlphaCondor
3 years ago
I know absolutely nothing on elliot wave(i believe this is elliot wave).Do you still think we will hit point B? and are you on twitter?
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AlphaCondor itssean310
3 years ago
Hi Sean. It is Elliott Wave. No need to go too deep studying it other than learning about 5 wave impulses and 3 wave ABC corrections, they happen ALL the time. I'm not on twitter but yes stocktwits under the same handle :)
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AlphaCondor itssean310
3 years ago
We've gone higher than my point B forecasted in this chart but I have more recent charts of where I think we're standing right now.
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KevinT
3 years ago
Nice hit again.
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