S&P Elliott Wave Update 2:30-4pm – right near 786!

yesterday was a pretty nasty day and lo and behold we get a really massive reversal that clears both 618 and 786 retracement Fibonacci levels all in one day..this is screaming wave 3 at this point and I’m still holding onto my UPRO and TQQQ..best case scenario mid term is that this is the start of a huge upward 3 into the end of the year and into next year to as high as 2400…that would be the move of a 1.618 wave 3 that travels the full length of the golden ratio from the low of August to now.

levels to watch: Spx 786 retracement = 2090

618 = 2080 (broken)

1.00 = 2107

About the author

CEO Ted Aguhob, Master Elliottician and Technical Analyst, Day And Swing Trader, Website Designer And Marketer, Artist, Producer and Musician has provided content to gemxwave.com, wavegenius.com and masterofcharts.com for over 14 years. The biggest breakthrough as a blogger came in 2013 when Wavegenius.com produced a net profit of over $177,000 and became one of the highest earning blogs in the entire country. Many of his biggest and most amazing calls appeared on major financial websites like Thestreet.com, Yahoo Finance and MSN Money, was a radio personality on Washington DC Radio, and has a following in the tens of thousands for many years. Ted is known for his charisma, vision, creativity and better yet.."genius."

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