SPX with target 2450

in #money • 7 years ago

Elliott Wave S&P500
EW Count.png

For a while you could think that the S&P 500 is forming a contracting triangle as wave 4 within the 5 wave structure. This would have been the more bullish structure. But for now it seems that the S&P 500 will complete a Zig-Zag (a-b-c). If a = c, the downside target is 2450 points. The wave c is a 5-wave-structure.

sp500.JPG

sp500 daily.JPG

#finance #stocks #spx
7 years ago in #money by
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