But 24387 would be a heavy resistance should the trend continues.
jeffreyjim
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SP 500 -- SP 100 -- Nasdaq -- Reference Daily Bar Chart -- Daily Line Chart -- Back up your "Elliott Wave Count"
Looks like -- 5 Waves Down. -- " ? " -- Major Bear Market Starting -- " ? "
This is My opinion only. These Markets "Must" make new highs to be "Bullish" at this time.
This "IS Not" a recommendation to buy or sell anything.
"One Eye Jim"
Will_Wong
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Are you saying the trend has changed? 5 wave impulse down, 3 wave abc corrective up.
richard7_
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@Will Wong, this is my point of view, I beleive the 5 wave impulse down shows us that a 3 wave corrective is comming, and after that I beleive a new downtrend will come!
jeffreyjim
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"Excellent Post" -- Thanks
Agree with you Wave Count at this time -- 2-10-2018
@richard7_, "Thanks" -- Your updated post looks very good "Fibonacci" retracement points.
Next leg down could get very bad. It would be nice if -- "Our" -- U.S.A. Lawmakers would
start working with each other "Both Parties" for the -- "American People" -- 100% of the Time.