S&P 500 Endeksi
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Elliott wave analysis on SPX500 (2016-07-30)

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SPX500 confirmed a new impulsive wave after it broke out of the consolidation area.
Will SPX500 start the impulse wave or continue correction?

It was in a small flat correction for the last eight trading days. If it breaks out of the flat correction area, it will go up furtherer.
I will go long if it breaks out this area with SL at 2160.6
TP1: 2214.7
TP2: 2260.2
TP3: 2325.5

Good luck for everyone!
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It is a false break. SPX500 will have a large correction following!
Not
Bull is coming back again after a quick wave c correction.
I am looking forward to hitting the TP1.

Feragatname

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