[Long Term] Long Term Look At $SPX 786 Breakout Of The Big Zigzag

Mar30spx

This is a long term look at the S&P 500’s 1 year chart and the breakout past 786 of the entire zigzag and C wave.

Best case scenario: The 786 breakout past 2030 is a very key level and we clearly broke it yesterday after a short zigzag…the big thing is that the bigger zigzag as detailed in the chart has reversed past bigger 786 resistance and we could easily see the top of the B at 2118 break by end of or middle of April.   Pretty textbook zigzag and 786 breakout move which is very bullish.

Worst case scenario: We have 5 waves up and correct to the 1960 range after the big run up if this rally doesn’t sustain until the end of the day at the highs.

Where I’m leaning:

The content you are trying to access is only available to members. Sorry. Please Click Here To Register. membersonly

 

Or become a member! Membership has it's benefits...

About the author

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...

Related Articles

Chat with Ted now! I'm online!
  • Unfortunately, we could not get stock quotes this time.
Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.