S&P 500 Noon Update 12.09.15 – About to be a slobber knocker downward 3

Dec09spx

This is the Noon Elliott Wave Forecast For 12.09.15 of the S&P 500 based on the 30 day 1 min chart…this chart looks seriously bad and shortable at this very moment..

Best case scenario:  All that it is is a zigzag that drops to and holds 2019-2025 to the downside and reverse into a Wave 3..would need to break at least 2075 to the upside after forming a full C wave..that would be a big ABC flat and this complicated C wave would end and reverse.

Worst case scenario:  Looking like the chart is about to completely collapse at this very moment..one break of 2042 and it’s downward 3 city here…the question is not IF but how MUCH the market is about to drop..full downward 3 would clear 2019 and touch 1994…that would be 1.618..

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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