S&P500 (ES) Outlook for the next 6 weeks
Sunday, May 11, 2014
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We now may have a setup for a rally these coming weeks in the S&P index.
If my counts and analyses is correct this should be a final 5th wave up.
I am also basing this on the structure of the last week's PA which is suggesting a bullish triangle
where the potential thrust/breakout of this should be terminal and also the conclusion of an
ending diagonal. (as seen on the daily chart).
We witnessed a massive decline in the EURUSD last week after hitting the targets here ( more than 400 pips Long then Short ) http://www.aymankhlifat.com/2014/04/eurusd-4h-elliott-wave-analysis.html and something similar might be in store in the S&P index.
The target for my traders on @aymanfxsignals is 1920 then short setup .
To check the full forex performance results for 2013 + Q1/2014 and join @Aymanfxsignals contact my Email here ( Aymanfxsignals@yahoo.com )
Ayman Khlifat on Twitter : @Aymankkhlifat
We now may have a setup for a rally these coming weeks in the S&P index.
If my counts and analyses is correct this should be a final 5th wave up.
I am also basing this on the structure of the last week's PA which is suggesting a bullish triangle
where the potential thrust/breakout of this should be terminal and also the conclusion of an
ending diagonal. (as seen on the daily chart).
We witnessed a massive decline in the EURUSD last week after hitting the targets here ( more than 400 pips Long then Short ) http://www.aymankhlifat.com/2014/04/eurusd-4h-elliott-wave-analysis.html and something similar might be in store in the S&P index.
The target for my traders on @aymanfxsignals is 1920 then short setup .
To check the full forex performance results for 2013 + Q1/2014 and join @Aymanfxsignals contact my Email here ( Aymanfxsignals@yahoo.com )
Ayman Khlifat on Twitter : @Aymankkhlifat
