S&P 500 IndexShort
S&P500 might see it´s next correction by -50%
In case Mr.Elliott is right, we might see the S&P500 in a down move to 1700 in the next 2 years. If the Elliot Wave Count here is wrong, the worst could be behind us and new All-Time-Highs in most of the indices are coming.
>> And never fortget ! -- Plan your trade and trade your plan ! <<
- Backtesting the cycle breakout area @ 1550
- Golden-Pocket support @1700 - 1620
- Support of the downtrend @ 1700
- RSI Bearish Divergence
- Test of the 90+ Year Trendline
>> And never fortget ! -- Plan your trade and trade your plan ! <<
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