The post Horizontal Triangle thrust up impulse wave I've been tracking may have completed today 9/13/17
with an Elliott wave Ending Diagonal Triangle. This structure occurs in fifth waves and are termination waves to the larger degree trend.
This type of wave happens after a market has gone too far to fast.
A move below SPX 2492.10 could be a very important bearish signal.
If the SPX has topped on 9/13/17-the thirty four calendar day mini crash phenomenon I've discovered targets 10/16/17 as the mini crash bottom.
Price target zone is 2120 to 2160.
Mark
with an Elliott wave Ending Diagonal Triangle. This structure occurs in fifth waves and are termination waves to the larger degree trend.
This type of wave happens after a market has gone too far to fast.
A move below SPX 2492.10 could be a very important bearish signal.
If the SPX has topped on 9/13/17-the thirty four calendar day mini crash phenomenon I've discovered targets 10/16/17 as the mini crash bottom.
Price target zone is 2120 to 2160.
Mark