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!

Category: Dow Jones 30, economy, Elliott Wave, Elliott Wave Charts, Elliott Wave Principle, fib-price-ratio, Fibonacci Trading, Financial Forecasting, S&P 500, Stock Indices, WaveTrack International

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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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