Support this blog by buying Amazon goods from this link!

S&P 500 Morning 10-12PM Elliott Wave Forecast 12.21.15 – 5 waves down to a bottom?


This is the morning Elliott Wave Forecast For 12.21.15 of the S&P 500 based on the 7 day 1 minute chart…could be 5 waves down into a bottom thanks to the morning gap up…

Best case scenario:  The gap up this morning could be at LEAST a 382 W4..if S&P can touch 2025-2027 intraday that would be the W4 before W5 down and reversal 617 or 786 or higher….5 waves down into a “double bottom C wave” with B up to 2077 and C down to where we are now..we just need to get a standard 4 and it would be touch and go bottom reversal..the C wave we’ve seen so far is VERY rare and you pretty much never see it happen..but this formation could be on the verge of reversing big time.

Worst case scenario:  Failure to hit 2025-2027 today and a further fade below 1994 into a full zigzag…1980 would be tested minimum before any semblance of a bottom reversal.   That would be 1-2-3 down with a full 1.618 W3 in the middle of it.

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...

Click here to become a member and gain access to all the premium features!

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!) 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, 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 the time the calls were considered insane to most and hundreds of his charts have been like that..until they actually 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

Wavegenius Elliott Wave Cheat Sheet Mug!
$29.95 plus $5.80 to ship. US Only.
About Wavegenius