Is This THE Stock Top? Elliott Wave Update on S&P 500 And NASDAQ Options Update
Just a quick mid-day update as the US stock market is falling out of bed. Where will support be found according to the Elliott Wave count and IS this the top? Let’s take a look at key level and my current option positions and also, I have CNBC’s Fast Money tonight at 5:30 PM to do the technicals. I might not make it there tonight because there’s a totally different kind of “breakout” happening on my end…watch to find out what is it.
Thank you for providing these free video updates on the wave counts for spx/s&p
Do you go into more detail for subscribers on when the final top/rally will be for s&p ??
That’s what I’m most interested in..
wrong on the count we hit 2712! so much for higher prices dude. We broke your trendline and the .786 , now what, you owe it to your followers as this chart mislead me to buy at the .618, I lost money today.
so now what we go much much lower???? we broke your 2742
TG,
I’m looking at a large ABC Flat from the Wave 3 high from Jan this yr. We would have just completed AB, and looking for a 5 wave down in wave C. Do you see anything in the count that would discount this? Volume and breath was low, and there was a lot of overlapping waves on this last move up from April (B wave). We would then see 2500 SPY or slightly lower before we bottom in Wave 4. Just a hunch. Also good luck on the baby! Much happiness to you and your family.
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