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richardthick

S&P500 Top Around 5k

S&P 500 Index (SP:SPX)  
richardthick  
SP:SPX   S&P 500 Index
Trend Lines Fibonacci Elliott Wave SPX (S&P 500 Index) S&P 500 (SPX500) SPDR S&P 500 ETF (SPY)
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trendline fibonacci elliottwaves spx spx500 spy
Been taking profits the past few weeks because I'm expecting a top around 5k to line up with the top of this channel and the 2.618 fib extension. Wouldn't be surprised if we get a deviation above the trend line to touch the fib extension at $5300.

This also lines up with some Elliot Wave Theory. Rushing to work will update later this week.
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