WaveTrack International

Elliott Wave Financial Price Forecasting

S&P 500 is struggling to rebound…

by m.tamosauskas| August 30, 2013 | No Comments

02_sp130830a

…but should do it as a minor wave b. The very short-term counter-trend rally from 1627.47 is likely to extend towards the ‘4th wave preceding’ area of 1669.51+/- prior to a resumption of the larger downswing in progress from the 1709.67 high. Next subsequent interim targets project to 1581.14 – ultimate objectives to be approached during the next several weeks remain towards 1524.64-20.33. The revision level remains at 1709.67.

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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