SPX'S ETA for the Bearish scenario if you are holding puts !

Updated

- ETA is December, 23 2021 10:30 AM
- If you, and only IF you, are bearish or holding puts then this is your path down for wave Y of WXY. Double zig zag with W =Y.

Note

Futures are 30 points from becoming bearish and violating 50% retracements !

Note

How crazy is this ... how insane is this :-) NO CLEAR CUT HERE BOTH BULLS AND BEARS HAVE A CASE !!!

Note

Could it probable that we finished the first leg of Y and we have another leg down yes this is one outcome of many lets see what makts give us.

Note

This count still active and just using our last close to measure equality of A = C of Y of WXY that would put us at 4482 , 20 points above our original target ! Market maker are grinding sideways to buy time !!! dunnooo for what but they are doing if for a reason we shall see in next few days or so what they are up to.

Note

Still very probable out come, especially if we break 4495.12 which will eliminate the Flat for bulls & favor a WXY or even something further !

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***

twitter.com/samitrading1

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.