S&P 500 Noon Forecast 12.14.15 – We got the full 1.618 down, now the upward 4 is forming


This is the Noon Elliott Wave Forecast For 12.14.15 for the S&P based on the 30 day 1 minute chart…best case scenario is we bottomed at my exact 1.618 target (1994) and are about to get 382 upward W4 to end the 3.

Best case scenario:  Again, 1.618 target was 1994, and we hit 1993.26 intraday..I was calling this since the upward 2 at 2067, and it looks like we are getting semblance of an upward 4 right now…upward 4 would target 2032, and if we hit that level this week it would put an end to the big downward 3 we’ve seen since the 2094 high a couple weeks ago.  VIX hit almost 27 today which is almost “auto-bottom” reading.  Peak levels in VIX over the past few years have been average 25-27 with a couple 53’s which are rare (we saw that big reading already in August of this year)

Worst case scenario:  Failure to reach 2032 this week would mean we will see a “3 from hell” ..that would be 2.618 X W1 without an upward 4 to stop to it..so 2032 is very important to get in an upward 4 here.

Where I’m leaning:  

The content you are trying to access is only available to members. Sorry. Please Click Here To Register. membersonly

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

Wavegenius Elliott Wave Cheat Sheet Mug!
$19.95 plus $2.99 to ship. US Only.
About Wavegenius