It’s nice to be short! – quick update

Looks like the markets are due for a red open and some pretty significant weakness. Based upon this, I’m concluding that wave b of the second zig zag is already complete and now the SPX is heading to what’s been my target since the top of (3) 1536-1540.

About alphahorn

I received an MBA from Columbia University’s Graduate School of Business in New York and am a Wall Street veteran. I’ve worked for a number of investment banks including Smith Barney and First Boston/C S First Boston in New York. Over the years, I have developed my own Proprietary Swing System and I combine that System with my own Elliott Wave Analysis to trade.

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