Report
Hendra Lau

$SPY -Where We Are Going From Here?

$SPY -Where We Are Going From Here?

On Thursday, May the 2nd, 2019 we at  hosted a Free Seminar explaining our views in the SPY and some of the World Indices. We covered them in the Grand-Super cycle, Super-cycle and also in the Intermediate cycle.

We explained which tools we use to forecast the Market and why the SPY should see another extension higher from its 2009 low,  as far as 12.2018 low is holding. We explained why the FTSE Index is a key instrument to determine the next big swing higher. We also covered why the cycle from 12.26.2018 should be ending soon and start a pullback. But for now, it still can see another leg higher. After that, it should enter a period of weakness. Which can be used to buy the ETF again in the sequences of 3-7 or 11 swings.

We also overlayed the SPY ETF Monthly chart with the FTSE Index and provided the reason why after a pullback, more upside should be seen.

 

SPY -Where We Are Going From Here? 5.2.2019 Video

 

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Elliott Forecast
Elliott Forecast

Elliottwave-Forecast.com (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to thousands of clients. ElliottWave-Forecast has built a reputation on accurate technical analysis and a winning attitude. By successfully incorporating the Elliott Wave Theory with Market Correlation, Cycles, Proprietary Pivot System, we provide precise forecasts with up-to-date analysis for 52 instruments including FX majors, Gold, Silver, Copper, Oil, TNX and major Equity Indices. Our clients also have immediate access to our proprietary Actionable Trade Setups, Market Overview, 1 Hour, 4 Hour, Daily & Weekly Wave Counts. Weekend Webinar, Live Screen Sharing Sessions, Daily Technical Videos, Educational Resources, and 24 Hour chat room where they are provided live updates and given answers to their questions. 

Analysts
Hendra Lau

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