SPX WAVE 2 of C DOWN COMPLETED. WAVE 3 DOWN in PROGRESS !
Update on my larger S&P (SPX and SPX500USD) elliotwave count posted last night (see link below).
Wave c of 2 has completed and at end of today wave 3 of C is in its early stages that by the end of summer should take us down to the March lows.
Brace yourselves.
See my VIX , VXN to NASDAQ comparison and DXY charts posted last night...all confirming the bear market rally ended June 8th and since then we have traced out waves 1 and now today wave 2 of larger C down. Links are posted below.
Risk OFF is entering the markets.
Happy July 4th Independence Day!
Stay safe and get ready for exciting trading volatility entering the markets after the holidays on Monday.
Cheers!
Cyrus
Wave c of 2 has completed and at end of today wave 3 of C is in its early stages that by the end of summer should take us down to the March lows.
Brace yourselves.
See my VIX , VXN to NASDAQ comparison and DXY charts posted last night...all confirming the bear market rally ended June 8th and since then we have traced out waves 1 and now today wave 2 of larger C down. Links are posted below.
Risk OFF is entering the markets.
Happy July 4th Independence Day!
Stay safe and get ready for exciting trading volatility entering the markets after the holidays on Monday.
Cheers!
Cyrus
