S&P500 Elliott Wave forecast

scout_lt

Newbie
1 0
http://blog.wavetrack.com/sp-500/02_sp120912a/
02_sp120912a


The S&P is at a critical juncture as original upside targets to 1446.16-46.62 are being approached. Any reversal from here would confirm the end of the entire upswing from the June low of 1267.45 and begin an expanding-impulse decline over the next months finalising a larger 3-3-5 pattern that began from the April ’12 high of 1422.38.
 
 
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