WaveTrack International

Elliott Wave Financial Price Forecasting

New record high – S&P 500 Update

by m.tamosauskas| February 24, 2014 | 12 Comments

sp140224

Cycle wave C is in upside progress beginning from the Oct.’11 low of 1074.77. It is taking the form of a five wave expanding-impulse pattern with several degrees of subdivision in its expanding 3rd wave as primary wave 3 that began from the secondary low of 1158.67. Intermediate wave (3) is shown with immediate upside potential to 1900.00+/- prior to a sustained sell-off as wave (4) to the fib. 38.2% retracement at 1629.66+/-.

Category: S&P 500

Comments

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.

Subscribe to our feed

WTI Links

Search