Ewj: elliott wave

If 1=5 we could essentially get 1300.00 on the SPX.

However, if we get a .619 of the 67 handle Wave 1 drop, that would get us down to 1325.19 ( 41.40 - today's highs at 1366.59 ) and as we all know, 1326 SPX is the .618 retracement of the ENTIRE RALLY off of the March lows.

:)
 
Quote from Mup:

Hit its -8.5 (1:1) @1357.25...

If that goes, then it will confim an impluse....

Yes, I should have mentioned the phrase . . ."IF IMPULSIVE".

Should find out shortly by today's close.
Ahhhhhh.... the beauty of this!
:)
 
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