SPX: Elliott Wave case for the bulls

2017年9月3日

A potential move up after a short down move from 9/1/17 can not be eliminated. This is an alternate for exiting early if market doesn't deliver a stronger down move. Support should be at 2456. If the move last week was a new wave 5, and not more of wave b of a retracement after 8/8/17 peak, then new highs are a possibility.

Watch closely!

2017年9月5日

交易進行

The bull case is now the primary and the bat/butterfly is the alternate. Closed short during 9/5/17 drop and switched long at 2451. Caution: bat/butterfly is still valid alternate unless up move continues.

2017年9月6日

交易進行

Still Long as primary move. Indicators still seem to confirm. Must be VERY cautious of 2467 holding as it could be wave b of the alternate and lead downward. Stops just below 2458 make sense.

2017年9月7日

交易進行

Held at 2460 and above stop of 2458. Still Long.

2017年9月8日

交易結束：目標達成

End of the line. Closed Call in 2464 area to await next ride.