Using Elliot Wave (projection) and fibs I show where I believe the SPX will go between now and Thanksgiving (4600). As long as we don't go below the two circled red highs the current Elliot wave will remain intact. If we drop below either of those values the Elliot wave will be invalid and the market could really drop. I don't foresee that at all but something to be aware of.
Note
Note
VIX looks topped Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.