S&P 500 update: The market has spoken.

Over the past few weeks I kept you abreast on the different possibilities the market had. See here and here. Some of you “complained” those were “too many options”, but I don’t make those options, the market does, and any Elliot Wave practitioner worth his/her salt will report on the market’s options because EWT is…

S&P500 update: 2600 next?!

Last week I reviewed the NASDAQ charts and several other (indirect) indicators. See here. Although the price-charts looked weak and the indirect indicators were flagging warning signals, I was cognizant of the fact that “Price now needs to drop below … $6335 and below the mid-August low ($6177) to confirm major-3 peaked. If it fails…