Short S&P500 Consider Entering Now for the Next 4 Months

OANDA:SPX500USD   S&P 500 Index
The classic 3 wave pattern has completed, with an unusually regular cycle of 4 months for each stage. With demand exhausted a pullback is highly possible, and my outlook to expect a substantial fall over the next 4 months.

Elliott Wave is perhaps the least understood despite showing up across all markets and all time frames. It essentially explains the path of a trend in terms of the movement of supply and demand .

Smart money drives the first leg, slower investors move in to confirm the trend and perpetuate it further having now 'repriced' the asset in their assessment, and finally 'dumb' money creates the final squeeze or leg up, eager to get on board.

By this stage all demand imbalance has been priced in, and the now the market is exposed to sellers.
Trade active: The latest cycle perfectly completed with yesterdays selloff
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out