Nailed Last Drop, Here is Next S&P 500 Top

2018年9月4日

I am back with another Elliott Wave Forecast on the S&P 500 Index. After detailed research and analysis, I identified the recent bottom, which occurred today, ahead of time. I have identified the next top. I have identified 3 colored polygons. The green zone will most likely contain the top, but the yellow polygon is also possible. The red zone is unlikely, but anything is possible. I entered long positions today and plan to sell once the green zone is hit.

The key levels of interest are:

3070.31
2976.31
2973.51
2960.05

2947.87
2946.10
2943.41

2934.89
2931.95
2931.43

The tight grouping of levels between 2931.43 and 2947.87 make this the most likely zone. I have also identified a trend line of resistance. This will most likely dictate the top based on timing. The top should occur between 11:15 Eastern time on September 10 and 14:00 on September 10.

The full analysis and complete article will be posted tonight or tomorrow morning on ElliottWaveIdeas.com

2018年9月5日

注释

Even with a new low achieved, the analysis and targets are still valid. The timeframe will move at least one day to the right as of now. New target time for top is September 11-12.