SPX's Elliott wave D-Day is upon us.Crashes are for Baby boomers

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Or not. Either way "No" sign what so ever for a correction!!!
Tip: Insiders Weekly Sell vs Buy Ratio (Open Market Transactions) reached .08 a number not seen for quite long time.

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ملاحظة

No Bears showing on these levels = Not correcting for wave 2 = Elliott wave is

telling us that we are still in wave 3 & we should have RSI reading above 83 in the

coming weeks to top for a 3ed wave. We stand today at " Ideal Text Book

impulsive 5 wave structure " going up more from here without a reasonable

pullback will open high targets that's just hard to understand right now . This

market is getting harder to analyze with much riskier trading ahead of us.

wish you all the best.

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ملاحظة

If you are Bearish, you would love this chart, if you are bullish you will hate this
chart either way this is Elliott wave with lost of Alter.

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ملاحظة

No catalyst to crash so far :

1/ shake up buy the dip "check volume for that"

2/ Elliott wave 2 is in progress :
Wave 2: Common retracement levels
61.8%-78.6% of wave 1 (golden zone, most common)
May also be 23.6%, 38.2%, or 50%