ModTrades

SPX - Very bearish move incoming for NEXT week

Short
OANDA:SPX500USD   S&P 500 Index
Hey traders,

The SPX, and of course the NAS100 and US30 , are all showing that they are in finish an ABC pattern (the green), of the A of the ABC pattern (Blue).

Meaning we are entering in the blue B of the ABC and we are looking for those objectives:

1/ 3800

2/ 3770-3740

3/ 3700

You can check bellow my reasoning and how I found those objectives.

Extention for the yellow C wave of the green C wave

Extention for the Green C wave

How to find the blue B

How to forecast the blue C

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BTW, I am selling a PDF , regrouping all the knowledge I have found on Elliott Waves , from the greatest analysts books, into a clear, simple and explicative way,
Contact me in private, or in comment if you don't have enough reputation point if you are interested
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Don't hesitate to comment and check my other ideas

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