SPX analysis. S&P500 forecast. Elliott Wave Principle. Thomas DeMark’s Range Projections and Differential Arrows. Trendline analysis. Trading plan
Today, I’d like to make a medium and long-term trading forecast for the S&P500, one of the most important indicators of the US economic performance, and so the global growth as well.
Let’s start with the global analysis
Having analyzed all the data available to me, I can surely say that the SPX market is forming the third wave that started in 2009.
According to the Elliott Wave theory, the third wave should finish at the level ranging from 1.68 to 2.68 of…
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