SPX Midweek at 8/30/2017: Elliott Waves

29 באוג׳ 2017

Updating mid-week adjusting for volatile day on 8/29/17 with strength of wave B off day's low. Extending timeframe for wave 4 correction to conform with alternate (now primary) view.

30 באוג׳ 2017

עסקה פעילה

Quick move on 8/30/17 to short term target area of wave B (2465). Sold Long position and looking for entry position for wave a. Neutral and looking to short based on trend.

31 באוג׳ 2017

עסקה פעילה

On target as shown with spill over to 2475. Awaiting 9/1 open for possible short position for start of a of C downward move.

2 בספט׳ 2017

עסקה פעילה

Story still on track with new short going into week of 9/5/17 expecting wave c movement as shown

3 בספט׳ 2017

עסקה פעילה

Have to consider the bull case (added 9/3). If that alternative happens and SPX support holds at 2456 area the short will be terminated.