TheUniverse618

SPX 4600 By Thanksgiving

Long
CAPITALCOM:US500   US 500
Using Elliot Wave (projection) and fibs I show where I believe the SPX will go between now and Thanksgiving (4600). As long as we don't go below the two circled red highs the current Elliot wave will remain intact. If we drop below either of those values the Elliot wave will be invalid and the market could really drop. I don't foresee that at all but something to be aware of.
Comment:
Comment:
VIX looks topped
Comment:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.