WaveTrack International

Elliott Wave Financial Price Forecasting

Critical moment for the S&P 500 index

by m.tamosauskas| August 24, 2015 | 4 Comments

150824_SPX

Our long-term subscribers may recall our original S&P 500 forecast from 2010-2012. We plotted a developing cycle degree, three price-swing zig zag advance unfolding from the financial-crisis lows of 666.79. Ultimate upside targets were measuring two key levels – 2139.37 and 2144.79. THE MAY ’15 HIGH WAS 2134.72! This measurement is dependent on the advance being a zig zag – such accuracy means we cannot entirely eliminate the possibility that the next stage of the multi-decennial expanding flat pattern is about to begin its next downswing as super-cycle wave C. The next several months will be critical in determining the longer-term picture. Join us and let’s explore the Elliott Wave Universe together!

Comments

  • Praveen Vishnu Shamain

    Does it mean that you are giving up on your much publicised view/scenario of “Inflation Pop-up” in the world equity/commodity markets?

    Thanks,

  • Hi Praveen, not entirely true, but the risk is increasing!

  • Mark Lytle

    My method, though it is based on Elliott Wave and Fibonacci is not capable of price projections per se, but does produce ‘hidden’ trendlines. My method agrees with yours… I make math derived changes in the X-axis, time, and unique trendlines ‘pop’ out.

    • if you feel able to, please elaborate your technique!…thks!

About WTI

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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