S&P E-Mini – We Actually Hit 382 W4 in the $SPX $ES_F Futures = Bottom?

Nov16futures

This is an update for the S&P 500 Futures aka S&P E-Mini 15 minute chart concerning the reversal this morning.

Best case scenario:  When I look at the S&P 500 futures chart and zoom in on the 15 min chart, I’m seeing a low of 2021 followed by a bounce to 2040.  Ironically yes, we DID GET 382 Wave 4 in the S&P E-mini after the big reversal from the lows when they opened Sunday evening at 6PM..so yes we did IN FACT get 382 in a W4 which means any fade here in S&P is a 5th wave down before a potential bottom.

Worst case scenario:  The disconnect between Emini S&P and the actual S&P 500 index shows a chart that HAS NOT hit 382 in a W4 and we’re still in a W3 down that has yet to drop to 1.618.

What I’m expecting:  Any fade here could be just a 5th wave down to the reversal in the futures… I almost forgot about it ..strangely enough, but that 382 move was PRECISELY 382 in a W4 in the Emini so the bottom may have already occured post and pre market this weekend.

 

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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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  • Kenny

    Good call on the S@P today. Bought 1k upro based on your on your 11:30 forcast / +2200 for the day

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