intelligent_investing

S&P500 update: standard impulse vs ending diagonal

Long
SP:SPX   S&P 500 Index
Keeping it simple: tracking a standard impulse vs a diagonal. The first sees (grey) minute-iii complete soon then wave-iv (orange target zone) and then wave-v to complete (green) minor-3, etc. the other is looking for a larger top and then a larger decline before the markets rally again. Thus, the next pending correction should be bought either way. Trade safe!

Expert and Accurate Stock Market Forecasting
Dr. Arnout ter Schure
President & Founder Intelligent Investing, LLC
Vice President & Co-Founder NorthPost Partners, LP
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