For you Elliot Wave fans.

    Posted by ssaffer on 26th of Feb 2020 at 04:42 pm

    For you Elliot Wave fans.  My target on the Daily SPY was met today (311.78).   Call it impulse II.   

    Ssaffer please post chart.

    Posted by mundy on 26th of Feb 2020 at 06:50 pm

    Ssaffer please post chart.

    It has a wide band

    Posted by ssaffer on 26th of Feb 2020 at 08:17 pm

    It has a wide band in the target zone and that is because of the implied volatility.  With futures selling off after Trump, we have hit the lower end of the target now.  We also hit the 61.8% retracement from the Oct 2019 Low.    

    Charts love those wave 4s

    Posted by loujjj on 26th of Feb 2020 at 08:22 pm

    Charts love those wave 4s as first targets ,,,,,,,,like magnets

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