S&P 500 Elliott Wave Noon Update 12.04.15 – Levels that need to be broken

Dec04spx3

This is the noon Elliott Wave Forecast For 12.04.15 of the S&P 500 based on the 4 day 1 minute chart..here are the levels that need to break at 618 and 786 and best case/worst case scenarios:

Best case scenario:  We close above at least 2080 at 618 and follow through on Monday over 786 at 2090..if this happens that would complete the entire ABC flat Wave 2 formation we’ve seen over the past week..once this formation completes and we end up taking out 2090 the upward 3 would be huge..as high as 2350-2400.

Worst case scenario:  Resistance right at 618 at 2080 (which was the intraday high) and a reversal to the downside to test 2040 and as low as 2019 to complete the intended target of a C wave.

What I’m expecting:

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.