markrivest
看多

SPX Poised for 200 Point Rally

SP:SPX   標準普爾500指數
277 2 10
Typically wave "one" of a standard five wave impulse has a retracement of 60 to 66%. The exception is during
a post triangle thrust. In prior posts I've note that the SPX             decline from its all -time high was probably an Elliott wave - Horizontal Triangle.
The triangle appears to be complete and a post triangle thrust up could be under construction.

The SPX             low on 5/24/18 was 2707.38.
A .236 retrace of the rally from 2594.62 to 2742.24 is 2707.40 a near bulls- eye hit.

My work using the "Market Profile" method shows a very strong value area has been formed between SPX             2707 and 2734. If the SPX             does not
go below 2690 - this value area could provide a base for a big move up of at least 200 points in the next two to three weeks.
A move above SPX             2742.24 could be very bullish .


Mark
Mr.Rivest's use of straight technical analysis primarily Elliot Wave, and Fib Retracement
including his own patented 4 Dimension Analysis , allows him to measure price movement and market direction inside a bubble,
tuning out the masses who are focused on the same fundamental views, and deciding their investments accordingly.

Case in point, the worldwide stock market decline of 5/29/18, as potential panic gripped the world markets
became a new found concern of an Italian Debt Crisis.

Mr.Rivest's post above, simply and correctly labeled a quick correction back to the 2690 area, (lower on 5/29 to 2676)
as a buying opportunity, and labelled it as the start of a potential next leg up in the S+P.

Mr.Rivest continues to separate himself from the crowd, and I have seen him make some brilliant market LONG
calls in the face of mass panic.

The 5/29 shakeout in world markets could have been a colossal " Bear Trap " Only time shall tell.


THE_UNWIND
回覆
markrivest The_Unwind
@The_Unwind,

Hi Thanks for the compliment.

Mark
回覆
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人檔案 個人檔案設定 帳戶和帳單 我的支援工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出