SPX Hit the EW target!!!! WOW
An Elliott wave analyst target from Dec 15 2015 report SPX has hit the short term target 1934. long term target is 1850:
I had posted this report in 2015.
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Dec 15 2015:
“Summary: A third wave down is underway and the structure remains incomplete. I expect a further increase in downwards momentum. The target remains at 1,850, with the short term target now at 1,934.”
In the same report following long term view is noted:
“A huge flat correction would be labelled super cycle (a)-(b)-(c). It now expects a huge super cycle wave (c) to move substantially below the end of (a) at 666.79. C waves can behave like third waves. This idea expects a devastating bear market, and a huge crash to be much bigger than the last two bear markets on the monthly bear chart.”