ponzialchemist

SPX - Year ahead

Short
ponzialchemist Aggiornato   
SP:SPX   Indice S&P 500
EW Expanding diagonal in making as mentioned in my earlier charts. Currently finishing the X wave before the final capitulation Z wave. Expect this X wave to get hammered around ~4300 region. (W) of the Z wave should bounce around 100EMA back to 50EMA before the final dive. VIX Geyser incoming.
Commento:
Posting here just for the record.
Commento:
Never made it to 1.618 fib, 1.272 capped it. Large distribution is in progress, rightfully. Coming week will be pivotal and most likely range break to the downside -
Commento:
Wrong. Will share the updated analysis soon, SPX doing a large WXY should be heading >4400.
Ordine annullato
Commento:
Will reevaluate around ~4260
Commento:
TOP is in, move came a day late.
Commento:
X wave could go much higher with current momentum -


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