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#11 tsharp

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Posted 19 December 2019 - 01:49 PM

FWIW, the double zig zag completed this morning, just before the opening of regular trading and with the breakout, it seems the upper target, in a measured move of the completed diamond formation is nearer the ~3240 range...

 

example-2.jpg



#12 Waver

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Posted 20 December 2019 - 07:53 AM

TSharp
This 3,240 area is the final push before going back under 3,000?

#13 tsharp

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Posted 20 December 2019 - 03:01 PM

TSharp
This 3,240 area is the final push before going back under 3,000?

 

No... this will fulfill wave-c:x:2, there will be a wave-d, then one more push upward in wave-e:x:2 to fulfill the end of this leg... my target there is ~3290.



#14 tsharp

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Posted 20 December 2019 - 05:36 PM

 

TSharp
This 3,240 area is the final push before going back under 3,000?

 

No... this will fulfill wave-c:x:2, there will be a wave-d, then one more push upward in wave-e:x:2 to fulfill the end of this leg... my target there is ~3290.

 

 

It looks like this on the daily SPX:

 

SPX-D-12-20-19-1.jpg