Part of my ongoing analysis of the SPX.
SPX bounced from the exact zone anticipated in last analysis (click).
This is a short term plot to observe the bounce going into NY open.
The bounce looks "Impulsive" for sure, so am looking for 5 waves.
The Elliott Wave path is just a rough guess.
But the Fib Zones are solid areas of concern.
Reaction at each zone will be telling of strength.
This method help me spot the recent Top
Also helped spot the Top in October 2018
.
See some of my other plots and trade calls below.
I also plot Forex and Crypto, take a look at my profile page.
FaceBook bounce
Twitter bounce
NetFlix bounce
Amazon scalp
Gold long
Silver long
Oil long
Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
.
SPX bounced from the exact zone anticipated in last analysis (click).
This is a short term plot to observe the bounce going into NY open.
The bounce looks "Impulsive" for sure, so am looking for 5 waves.
The Elliott Wave path is just a rough guess.
But the Fib Zones are solid areas of concern.
Reaction at each zone will be telling of strength.
This method help me spot the recent Top
Also helped spot the Top in October 2018
.
See some of my other plots and trade calls below.
I also plot Forex and Crypto, take a look at my profile page.
FaceBook bounce
Twitter bounce
NetFlix bounce
Amazon scalp
Gold long
Silver long
Oil long
Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
.
Note
So far so good, but wave 5 might get truncated .
Note
Just hit first target in UK session, waiting to see the reaction (if any) Note
Zoomed in we see the exact reaction to bottom of resistance zone plotted .
Note
Looks like a completed Impulse wave going into NY open .
Note
Higher tf fib from my previous Idea that was looking for this bounce from the green zone .
Note
Final Target hit towards end of US session .
Note
Awe Inspiring Beauty WOW
.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.