S&P 500 Elliott Wave Weekly Update

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Man, Computer, Stock Trading, Iphone, Hands, Finance

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This week, I start with a quick review of the larger picture off of the 3 year weekly chart. The S&P continues to progress along the path to complete either minute "b" of Minor 4 or minuet 1 of minute wave 3 of Minor 5. The market has been building with anticipation for Monday's Quarterly expiration. Much will be (hopefully) made clear after Monday's trade. I discuss in some detail both sides of these sequences. The choice at the moment is how far the market will correct next -- both counts suggest a high is either in or close - so it will be the anticipated correction that will fill in the blank of depth of the correction and the starting point for the next leg of the rally. I also bring in some seasonality as we move into the 4th quarter.

Video Length: 00:34:06


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Nasdaq 100 & S&P 500 Elliott Wave Update - Thursday, Sept 26
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Disclaimer: Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures ...

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