US-Indices – SNP500 – DJIA30 – Bearish Reversal
US-Indices Wave count suggests that there could possibly be a Bearish Reversal right around the corner.
SNP500 & DJIA30 are both pointing lower, showing reversal partners such as Ending Diagonals and Bearish Divergences at key Elliott Wave Degrees.
Current Wave Count suggests that we could see 21900.00 for DJIA30 and 2450.00 for SNP500 before the Bull Market would continue with its possible last leg before a Major Down-Trend.
SNP500 & DJIA30 are both pointing lower, showing reversal partners such as Ending Diagonals and Bearish Divergences at key Elliott Wave Degrees.
Current Wave Count suggests that we could see 21900.00 for DJIA30 and 2450.00 for SNP500 before the Bull Market would continue with its possible last leg before a Major Down-Trend.
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Wave Count Update:
P.S. Congrats to those who are already in the short.
Minor 5 could have already completed as the 150% Fibs Ext. of Minors 3 & 4 has been reached. We could have one more squeeze on the up-side or it can start directly at these points. Many pips ahead!
P.S. Congrats to those who are already in the short.
Minor 5 could have already completed as the 150% Fibs Ext. of Minors 3 & 4 has been reached. We could have one more squeeze on the up-side or it can start directly at these points. Many pips ahead!
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with a bit of patience, we might just see SNP500 drop very hard
Buckle-up, it will be nasty.