this video is an elliott wave analysis of the sp 500 (spx) for the 2nd of october 2011. since the stock market crash we have seen a sideways environment. next we expect more weakness heading into the middle of october, after which a nice rally should unfold. if the rally is weaker than anticipated, then it is very possible that a high was made in may 2011 and we can revert back to the original forecasts:
http://www.youtube.com/watch?v=e2tJoqEdDZs
http://www.youtube.com/watch?v=o56nFmT8E-Y
however if we see a strong bounce in the market, then we can assume that the primary count presented in this video will play out going into the early part of 2014.
great vedio. thanks!
Michaelxd2010 4 months ago