SPX's Possible Touch Down Area ( if history is repeated !?)

Updated

simple. we are now the same as we with the 200 day moving average the last time we did it.

wish you all the best

Note

we have Pulled back 10.56 % from the top ?! Minimum has been almost achieved only
.44 % Missing :-) .
Moreover, if you believe their is wave 5 to come. 15 minute Elliott wave count suggests that we have reached MINIMUM requirements of an ABC pullback 4 and now we are starting 5 of 5.
As you can see we just started wave 3 of 1 of a biger 5. @ this moment we should be seeing gabs up . this is their place.

just do not trust September or October in an election year.

wish you all the best.

Note

According to this little study, which i have to redo) we are getting 59 reading which is much higher than September's of 2020 . Check Box for probability of crashes or corrections.

Note

Since inception, This is the weekly Deviation between SPX & 200d MA .Choose one

number on the right side of the box, that's probably our target ;-).

samitrading

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***

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