In this video I have discussed the two different scenarios that can play out in SPX (American Stock Market Index) from an Elliott Wave Perspective. The main count is suggesting a corrective move to the downside after the last Impulse is complete. Watch the complete video for a detailed understanding.
The author or any person directly or indirectly associated with 50eyes.com does not hold any liability for any profit, loss or loss of profit made using the views presented. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures or forex); therefore, you should not invest or risk money that you cannot afford to lose.