EW of SPX Weekly chart

Discussion in 'Trading' started by ErezYaari, Sep 18, 2010.

  1. ErezYaari

    ErezYaari

    New in this this forum - bringing my Elliott waves chart for a long term/
    The Aroon oscilator used to define the long term trend, while this oscilator is negative the long term trend is declining.
    In the enclosed chart - the target for reverse wave down is 1160-1164.

    What seen is the same picture of Primeri wave [1], at late 2007, is same now at the begining of Primeri [3].