goodguy

S&P 500: Is this an expanded flat correction??

goodguy Diupdate   
AMEX:SPY   SPDR S&P 500 ETF TRUST
In EWT one type of correction is 3-3-5 called an expanded flat.
see:http://www.elliottwave.net/educational/basictenets/basics3.htm
IFFFF that is what is happening now often the correction will go to .62-.78 return to the first way down. (target zone) shown. Watch for price action at this level which suggests the winds have changed to down.
Komentar:
IFFF this count is correct we could get a reversal in the next couple of days. We'll see.

Komentar:
Of course the price could even go up further to form a double top.
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.