WaveTrack International

Elliott Wave Financial Price Forecasting

S&P 500 Weekly

by m.tamosauskas| January 17, 2014 | No Comments

SPX

S&P 500 is stretching to incredible overbought levels. Feels like this market is never going to decline more than a few per cents down. Traditional TA indicators are diverging for quite some time, volume declining all the way down from the early 2009. Talking about limits:

Stock-Bull-Market-Length

Shortsideofthelong.com observes that the current bull market after a few more weeks will be the second longest during the last 80 years. Incredible indeed!

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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