SPX : Selling from current level possible (Elliott Wave)

2018年8月30日

So far SPX has moved up in accordance with the last video update. From this 4 hour chart it seems that the Impulsive move that started near 2689 is about complete, a break below the W.4 low marked level at 2892 will act as confirmation or sell trigger level from where we can see downside till the Target level of 2828, if selling continues then further downside till the white support zone of 2800 to 2775 can be seen.

2018年8月30日

註釋

5 minute chart : Expected Bearish progression :

2018年8月30日

註釋

SPX : 15 min. : Strong fall suggesting W.iii underway, SL reduced to W.ii/b high :

2018年8月31日

註釋

SPX : 15 min. :

2018年8月31日

註釋

SPX : 15 min. : Possible Ending Diagonal for W.(5) :

2018年9月3日

註釋

Hypo 2 : Suggesting that a Complex Correction is continuing with the current price in W.x/b either complete or continuing as a Triangle :

2018年9月3日

註釋

Hypo 1 : SPX :

2018年9月4日

註釋

Hypo 2 : 15min. update :

2018年9月4日

註釋

Hypo 1 : 15 min. update : Both Hypo 2 and 1 were pointing down and the market has been following the same, the agreed minimum downside target is 2885.5 as per both Hypos :

2018年9月4日

註釋

SPX : 15 min. : Looks like the Hypo 1 is being followed, currently in W.(3) :

2018年9月4日

註釋

SPX : 15 min. : Hypo 1 : Expected progression :

2018年9月4日

註釋

SPX : Hypo 2 : Tmin. achieved W.4 complete, hence sideways to bearish movement, going below last low is required to confirm Hypo 1 :

2018年9月5日

註釋

SPX : 15 min. : Hypo 2 :

2018年9月5日

註釋

SPX : Hypo 1 : The structure from 2915 looks corrective suggesting that Hypo 2 might be the one being followed or that the move down is some sort of Leading Diagonal, shorts should maintain positions with strict SL as per their money management, technical SL above 2910 :

2018年9月5日

註釋

SPX : 15 min. : Hypo 1 : More downside remains for the completion of W.iii/c :

Hypo 2 : 1H : Triple Zig Zag for W.4 down :
If we see sideways move here then that would signify Hypo 2, whereas straight down from current level means Hypo 1 is the scenario, overall more downside is expected.

2018年9月6日

註釋

SPX : Hypo 2 : Updated :
Hypo 1 : Updated :

2018年9月6日

註釋

SPX : Hypo 2 : 15 min. : The Triple Zig Zag correction looks almost complete :
Hypo 1 : 15 min. : Moving in W.(3) of W.iii down, Target 1 already achieved, SL should be moved lower :

2018年9月7日

註釋

SPX : Hypo 1 : 15 min. : Expect a sharp spike down from here if this is the Hypo playing out, if not then bias remains towards Hypo 2 :

2018年9月7日

註釋

SPX : Hypo 1 : 15 min. : Expect a sharp spike down from here if this is the Hypo playing out, if not then bias remains towards Hypo 2 :

2018年9月7日

註釋

SPX : 15 Min. : Hypo 1 : No change :
Hypo 2 : About to achieve T1 :

2018年9月10日

註釋

SPX : Hypo 3 : Triple Zig Zag Continuation :

2018年9月10日

註釋

SPX : Hypo 2 : Price Action is too corrective and seems like the Triple Zig Zag is complete already, shorts should book atleast partial profits here if not all and wait for further clarity :

2018年9月11日

註釋

SPX : 1H : Hypo 3 : Unclear if W.x is complete or continuing, wait and watch for now :

2018年9月13日

註釋

Hypo 4 : Leading Diagonal case looks to be the one being followed : Currently seems to be in W.C of W.(Y) of this corrective up move :

2018年9月17日

註釋

SPX : 15 min. : Looks like we have an Expanding Leading Diagonal for W.(1) :

2018年9月18日

註釋

SPX : 15 min. : So far as Expected :

2018年9月18日

註釋

SPX : 15 min. : The structure has too many overlaps and looks more like a corrective sideways continuation then a downward move, in case Hypo 4 is being followed we need to see a strong move down closing lower then 2877 :

2018年9月18日

註釋

SPX : 1H : Short setup Invalidated : Looks like a corrective W.4 or W .2 continuation which will lead to higher prices once the correction is complete, since the formation is complex it is best to wait and watch for now until things become a bit clearer :

2018年9月28日

註釋

SPX : 15 min. Expected progression :

2018年9月28日

註釋

SPX : 15 min. : The last leg down seems to be in only three waves and hence arises the possibility that this whole thing might be corrective.
Considering this new probability visible as Hypo 1 keep strict stops at 2931.9 :

2018年10月1日

註釋

SPX : Updated Count : 4H : Last count reached Stop level, however the situation looks much clearer now.
H1 : If this market goes above 2942 then that would mean that W.v of W.iii) is continuing as an Ending Diagonal.

H2 : On the other hand if we see a break below the Cyan channel straight from here then that would mean that we are in a W.iv) Flat type of correction.

In case of H1, we will look for the Ending Diagonal to complete and then go short, in case of H2 the best strategy would be to wait for the completion of W.iv) and then go long for W.v) :