SPX Elliott Analysis

Last update, Taking my long holiday break. Ending diagonal to complete 5th wave of C-wave. then expect correction with more upside.
Ending diagonals can be tricky and this was no exception.

تعليق:

we are either in a 1-2, 1-2 with the possibility of going higher on a wave 3 @ or around December 14th (to all time highs), or we have just completed a month long a-b-c l (top) and are going lower to a larger degree wave B (with a higher c) even lower. to a new all time low. The 3850 is important area to monitor for support, next is 3720, and the most important number of all is the retest of 4,000.

تعليق: