S&P 500
Short

S&P500 might see it´s next correction by -50%

In case Mr.Elliott is right, we might see the S&P500 in a down move to 1700 in the next 2 years. If the Elliot Wave Count here is wrong, the worst could be behind us and new All-Time-Highs in most of the indices are coming.

  • Backtesting the cycle breakout area @ 1550
  • Golden-Pocket support @1700 - 1620
  • Support of the downtrend @ 1700
  • RSI Bearish Divergence
  • Test of the 90+ Year Trendline


>> And never fortget ! -- Plan your trade and trade your plan ! <<
Chart PatternselliotwaveanalysisSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend AnalysisWave Analysis

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