Elliott wave charts
Stock market analysis according to Elliott wave principle.
About Elliott wave theory/principle
Friday, February 15, 2013
SPX - tethering on the brink of collapse
The end is near. SPX probably going into last wave 4 before global trend reversal.
Main strategy: Out of the market.
Volatility is so low (9%) so you can't get any reasonable premium. Corrections and weak wave 5 ahead. Nothing to do here.
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