19th August, 2015 – S&P 500 Elliott Wave Technical Analysis – Video

*Note: the invalidation point on the second hourly chart is incorrectly stated as 2,079.30. It should be 2,052.09.

To see a full explanation of the daily chart structure, click here to watch the last end of week video.

One thought on “19th August, 2015 – S&P 500 Elliott Wave Technical Analysis – Video

  1. VIX moving higher and above upper Bollinger band. UVXY just touching upper band.
    VIX not really spiking though. There is still an incredible amount of optimism in this market, hard to believe though that is. By the time this leg of the decline is over I suspect those clinging to the prospect of a new high will have been thoroughly disabused of that expectation. Much farther to fall I think…

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