S&P500 – A Short Term High for OCT 16-19?


I believe we’ll see a (short term) High this Friday or Monday, OCT 16-19, Target 2040-45.

This is based on Cycles and Elliot Wave, see 4h chart below.

If wave 1 = wave 5 => Target is 1990 + 55 = 2045.

Remember, tomorrow is option expiration, so that might explain this…or read this article (zerohedge).

S&P500 – 15m chart

S&P500 15m

 


S&P500 – 4h chart

 

S&P500 EW 4h OCT 15

 

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