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Technology SPX Elliott wave view: Wave 4 started

Discussion in 'Shopping Discussions' started by joeclark, Aug 19, 2017.

  1. joeclark

    joeclark Junior Member

    Short term Elliott wave view in SPX suggests that the rally from 1/23 low is unfolding to 5 waves Elliott wave impulse structure where Minor wave 1 ended at 2301, Minor wave 2 ended at 2267, and Minor wave 3 ended at 2400.98. Internals of Minor wave 3 shows an extension and subdivided also as an impulse structure where it ends (227). Wave ((iv)) ended at 2358.96. Minor wave 4 is unfolding as a double three where Minute wave ((w)) ended at 2375.4, Minute wave ((x)) ended at 2389.9, and Minute wave ((y)) of 4 is in progress towards 2352 - 2358 area Before Index turns higher in Minor wave 5. We do not like selling the Index and expect to find buyers in the area above for another push higher in Minor wave 5 or at least 3 waves bounce.


    I did not find the right solution from the internet.

    References: https://www.reddit.com/r/vancouver/comments/2y35sc/does_vancouver_have_any_other_local_forums_for/

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