$SPX - Expanded Flat - The Last Bullish Scenario

Dec 15, 2015

... still bullish on the SPX /in long term/. ... I still think that we are in the fourth wave. This is dovish #FOMC scenario.

thepatternsite.com/EWExpanded.html

Dec 16, 2015

Trade active

...invalidation level:

Dec 20, 2015

Trade active

... stop is not reached , but we need a miracle for a positive outcome of this idea.

... imo ... at this moment there are only two bullish possibilities:

1. Descending Broadening Wedge:



2. Double Three:



... but it is only wishful thinking.

Jan 11, 2016

Trade closed manually

... wave (C) in progress