S&P 500 IndexUpdated SPX's Elliott, 1 hour invalidation in progress.
101 Elliott wave :
• If wave C = 161.8% of wave A, wave C can be a wave 3 of a 5 waves impulse. Thus, one way to label between ABC and impulse is whether the third swing has extension or not
• If wave C = 161.8% of wave A, wave C can be a wave 3 of a 5 waves impulse. Thus, one way to label between ABC and impulse is whether the third swing has extension or not
Note
Incoming wave 5Note
Wave 4 Invalidated the whole thing. Two Fridays in a row they do it. We are not in a ZigZag, and we are not in a 5 waves down !!! . Hope you are digging this guys.
Note
They tanked it after the invalidation what's up "Market Makers" . Just 8 points and we call it for the day.wish you all the best.
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****** Past performance is no guarantee of future results***
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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.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
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.