and infact the spx since my latest post has been getting down.....I like to see europe in free fall while the spx is in corrective mode. I will get back to bullish mode when I see the spx around 1750 (I hope), the dax down to 8000-7500 and milan down to 13000. I don' t believe in elliott as in my opinion the five waves pattern plays out once every one thousand times, but to tell the truth this time might be that for the spx which might touch the bottom for its wave 4th around 1750 (I hope again) because its 7 years dynamic support stands there, more or less. It might be for the spx another situation ala 2011 ago-oct type of pattern. Just my thought.....nothing to take seriously...
BTW....the free fall in europe was largely expected at least by me....the only voice out of the chorus is america and the reason why....I expressed it above
Edited by andr99, 08 February 2016 - 11:40 AM.
