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

Comments

4 Responses to “Critical moment for the S&P 500 index”

  1. Praveen Vishnu Shamain
    August 24th, 2015 @ 6:26 pm

    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,

  2. Wavetrack International
    August 24th, 2015 @ 7:13 pm

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

  3. Mark Lytle
    December 2nd, 2015 @ 7:34 pm

    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.

  4. m.tamosauskas
    December 3rd, 2015 @ 5:46 pm

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

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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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