[Chart] S&P 500 $SPX Visual Elliott Wave Update 4.04.16 – Intraday zigzag and reversal 12:35PM


This is the Noon Elliott Wave Update For S&P 500 2 Day 1 Min chart..intraday zigzag and reversal..

Best case scenario: We completed an intraday ABC zigzag right at A = C before a 1.00 reversal and beyond…the rally off the lows touched 786 at 2072, and it needs to clearly break 2072 this time around to setup a full upward 3…2090 in a couple days isn’t out of the question on this move.  I called this move at 11:26AM perfect but we need to clear 2072 to breakout completely.

Worst case scenario: Failure to break 2072 and a break below 2066 setting up a bigger zigzag to test 2058-2060..we haven’t cleared 786 so this potential “bigger zigzag” scenario is still in play..but at a low percentage potential.

Where I’m leaning:

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The secret of many top analysts and traders...(in fact mutual fund managers, hedge fund traders and even a couple seat owners of the NYSE are subscribers!) Wavegenius.com. Ted "Wavegenius" Aguhob since 2001 has profited on 80%-88% of his trades EVERY year since the inception of his blogs and websites..Ted has made and incredible amount of calls during this period including: 1778% gain in 03-04 from swing trades, The 2009 bottom lows of S&P DOW and NASDAQ literally right on the number, the massive 3rd waves when SPX made it's run from just over 1000 to 2400+ that we're seeing now (these calls were written by Ernie Varitimos on articles on the FRONT PAGE of TheStreet.com, Yahoo Finance and MSN Money for a week), The exact all time low of Apple and Facebook and the huge move that followed on Youtube videos, and he's had Top 20 Charts of stocks that 90%-100% of the time were accurate...at the time the calls were considered insane to most and hundreds of his charts have been like that..until they actually happened...as a result Ted with a tiny audience made almost $177,000 in 2013 as one of the top earning blogs in the country. His following is beyond fanatical, and has been hidden away for many years with many websites and competitors refusing to partner with him..mostly because he'd walk in there and take away many subscribers and traffic from them...

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