SPX : Selling from current level possible (Elliott Wave)

2018년 8월 30일

So far SPX has moved up in accordance with the last video update. From this 4 hour chart it seems that the Impulsive move that started near 2689 is about complete, a break below the W.4 low marked level at 2892 will act as confirmation or sell trigger level from where we can see downside till the Target level of 2828, if selling continues then further downside till the white support zone of 2800 to 2775 can be seen.

2018년 8월 30일

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5 minute chart : Expected Bearish progression :

2018년 8월 30일

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SPX : 15 min. : Strong fall suggesting W.iii underway, SL reduced to W.ii/b high :

2018년 8월 31일

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SPX : 15 min. :

2018년 8월 31일

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SPX : 15 min. : Possible Ending Diagonal for W.(5) :

2018년 9월 3일

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Hypo 2 : Suggesting that a Complex Correction is continuing with the current price in W.x/b either complete or continuing as a Triangle :

2018년 9월 3일

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Hypo 1 : SPX :

2018년 9월 4일

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Hypo 2 : 15min. update :

2018년 9월 4일

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Hypo 1 : 15 min. update : Both Hypo 2 and 1 were pointing down and the market has been following the same, the agreed minimum downside target is 2885.5 as per both Hypos :

2018년 9월 4일

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SPX : 15 min. : Looks like the Hypo 1 is being followed, currently in W.(3) :

2018년 9월 4일

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SPX : 15 min. : Hypo 1 : Expected progression :

2018년 9월 4일

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SPX : Hypo 2 : Tmin. achieved W.4 complete, hence sideways to bearish movement, going below last low is required to confirm Hypo 1 :

2018년 9월 5일

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SPX : 15 min. : Hypo 2 :

2018년 9월 5일

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SPX : Hypo 1 : The structure from 2915 looks corrective suggesting that Hypo 2 might be the one being followed or that the move down is some sort of Leading Diagonal, shorts should maintain positions with strict SL as per their money management, technical SL above 2910 :

2018년 9월 5일

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SPX : 15 min. : Hypo 1 : More downside remains for the completion of W.iii/c :

Hypo 2 : 1H : Triple Zig Zag for W.4 down :
If we see sideways move here then that would signify Hypo 2, whereas straight down from current level means Hypo 1 is the scenario, overall more downside is expected.

2018년 9월 6일

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SPX : Hypo 2 : Updated :
Hypo 1 : Updated :

2018년 9월 6일

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SPX : Hypo 2 : 15 min. : The Triple Zig Zag correction looks almost complete :
Hypo 1 : 15 min. : Moving in W.(3) of W.iii down, Target 1 already achieved, SL should be moved lower :

2018년 9월 7일

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SPX : Hypo 1 : 15 min. : Expect a sharp spike down from here if this is the Hypo playing out, if not then bias remains towards Hypo 2 :

2018년 9월 7일

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SPX : Hypo 1 : 15 min. : Expect a sharp spike down from here if this is the Hypo playing out, if not then bias remains towards Hypo 2 :

2018년 9월 7일

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SPX : 15 Min. : Hypo 1 : No change :
Hypo 2 : About to achieve T1 :

2018년 9월 10일

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SPX : Hypo 3 : Triple Zig Zag Continuation :

2018년 9월 10일

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SPX : Hypo 2 : Price Action is too corrective and seems like the Triple Zig Zag is complete already, shorts should book atleast partial profits here if not all and wait for further clarity :

2018년 9월 11일

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SPX : 1H : Hypo 3 : Unclear if W.x is complete or continuing, wait and watch for now :

2018년 9월 13일

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Hypo 4 : Leading Diagonal case looks to be the one being followed : Currently seems to be in W.C of W.(Y) of this corrective up move :

2018년 9월 17일

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SPX : 15 min. : Looks like we have an Expanding Leading Diagonal for W.(1) :

2018년 9월 18일

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SPX : 15 min. : So far as Expected :

2018년 9월 18일

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SPX : 15 min. : The structure has too many overlaps and looks more like a corrective sideways continuation then a downward move, in case Hypo 4 is being followed we need to see a strong move down closing lower then 2877 :

2018년 9월 18일

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SPX : 1H : Short setup Invalidated : Looks like a corrective W.4 or W .2 continuation which will lead to higher prices once the correction is complete, since the formation is complex it is best to wait and watch for now until things become a bit clearer :

2018년 9월 28일

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SPX : 15 min. Expected progression :

2018년 9월 28일

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SPX : 15 min. : The last leg down seems to be in only three waves and hence arises the possibility that this whole thing might be corrective.
Considering this new probability visible as Hypo 1 keep strict stops at 2931.9 :

2018년 10월 1일

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SPX : Updated Count : 4H : Last count reached Stop level, however the situation looks much clearer now.
H1 : If this market goes above 2942 then that would mean that W.v of W.iii) is continuing as an Ending Diagonal.

H2 : On the other hand if we see a break below the Cyan channel straight from here then that would mean that we are in a W.iv) Flat type of correction.

In case of H1, we will look for the Ending Diagonal to complete and then go short, in case of H2 the best strategy would be to wait for the completion of W.iv) and then go long for W.v) :