Chart Update: SPX on schedule, BTC finishing a move to 100k

The SPX appears to have completed minor 3 and the expected minor wave 4 pullback is underway with a target of 6575-6550.

Bitcoin meanwhile is tracing out a complex corrective for minute wave [ii]. This final (y) leg is likely headed to the 50% retracement level ~99k-100, with the 61.8% level down at 93k should that not hold.

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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