WaveTrack International

Elliott Wave Financial Price Forecasting

Alternative S&P 500 count

by m.tamosauskas| July 17, 2013 | No Comments

02_sp130717a

This count will be promoted to ‘preferential’ status should the S&P continue higher and break above the May high of 1687.18. It would trigger immediate upside potential to 1706.52 during the next trading days – a reversal from there would initiate a larger downswing to 1514.43-14.09 in the weeks ahead to finalise the larger ‘expanding flat’ sequence that dates back to the May high.

Category: S&P 500

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WaveTrack International is a financial price forecasting company dedicated to the Elliott Wave principle and work of the R.N. Elliott. Clients include Investment Banks, Pension Funds, Total/Absolute-Return/Hedge Funds, Sovereign Wealth Funds, Corporate and Market-Making/Trading institutions and informed individuals -- & just about anyone who is affected by directional price change.

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