S&P 500 Elliott Wave Forecast For 12.10.15 – Downward C and 3 Targets



This is the Elliott Wave Forecast For 12.10.15 based on the 30 day 1 minute chart of the S&P 500..here are the downward C and 3 targets for S&P 500…

Best case scenario:  The ABC is limited to just an A = C..that would target 2033 before a bottom and reversal..however the C wave tends to gravitate towards the low of the A wave, which was 2019, so there should be plenty of support there if this corrective wave is just an ABC flat…or 2033 if the drop from 2104 is “just a zigzag.”  Those two areas should setup a 618 or 786 reversal after a completed ABC.

Worst case scenario: We end up getting the full 1-2-3 down at 1.618..there would be a large gap down by 8AM tomorrow morning and would threaten 2019..a break of 2019 would setup a full 3 to test 1.618 at 1994-1996…1.618 X the 60-62 point W1 = 1994-1996 from the top of the B.

Where I’m leaning:

The content you are trying to access is only available to members. Sorry. Please Register Here. membersonly

About the Author

CEO Ted Aguhob, Master Elliottician and Technical Analyst, Day And Swing Trader, Website Designer And Marketer, Artist, Producer and Musician has provided content to gemxwave.com, wavegenius.com and masterofcharts.com for over 14 years. The biggest breakthrough as a blogger came in 2013 when Wavegenius.com produced a net profit of over $177,000 and became one of the highest earning blogs in the entire country. Many of his biggest and most amazing calls appeared on major financial websites like Thestreet.com, Yahoo Finance and MSN Money, was a radio personality on Washington DC Radio, and has a following in the tens of thousands for many years. Ted is known for his charisma, vision, creativity and better yet.."genius."