After A Short Period Of Being Tortured By Pain, I Present To You S&P Elliott Wave Forecast For 1/06/16

Jan06spx

This is the Elliott Wave Forecast For S&P 500 1/06/16..can a bottom form here?

Best case scenario: We got an A wave from 2120 to 2020, a B wave to 2100 resistance followed by (3) Total B waves into a C wave..I’ve seen this pattern..once..but it has the formation of a regular zigzag..it’s just a bizarre rarely seen thing but when a zigzag is a zigzag..that’s what it is..an ABC formation with an A = C bottom..however we need VIX over 25-27 and 1960 at 618 fiboancci support holding…that would be another 1-2-3-4-5 down and 618 reversal.

Worst case scenario: 1960 breaks without a strong reverrsal and we retest the 1880-1900 low set back in September on a huge rare C wave…that’s a scenario now but if this zigzag scenario plays out, it’ll be the typical thing I’ve seen soooo many times that have reversed out of bottoms…I’m almost 90% accurate calling bottoms, which is pretty astonishing, so keep this in mind…I have records going back almost a decade and a half of what I can do.

About the author

CEO Ted Aguhob, Master Elliottician and Technical Analyst, Day And Swing Trader, Website Designer And Marketer, Artist, Producer and Musician has provided content to gemxwave.com, wavegenius.com and masterofcharts.com for over 14 years. The biggest breakthrough as a blogger came in 2013 when Wavegenius.com produced a net profit of over $177,000 and became one of the highest earning blogs in the entire country. Many of his biggest and most amazing calls appeared on major financial websites like Thestreet.com, Yahoo Finance and MSN Money, was a radio personality on Washington DC Radio, and has a following in the tens of thousands for many years. Ted is known for his charisma, vision, creativity and better yet.."genius."

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