S&P500 Forecast on September 13, 2016 — September 16, 2016


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Quotes S&P500 stock index ended the trading week at the level of 2123. At the moment, preserved potential for continuation of falling of quotations index within the mining bearish Wolfe wave model. Cancellation option will be a strong growth of quotations S & P500 above the local maximum level.

S&P500 Forecast on September 13, 2016 — September 16, 2016

S&P500 Forecast on September 13, 2016 — September 16, 2016

An additional signal for the continuation of the fall is the breakdown of the trend line on the indicator of the relative strength at the time of return is expected to continue falling. The overall goal of the fall is the area on the lower level of 1950.

S&P500 Forecast on September 13, 2016 — September 16, 2016 suggests an attempt to continue falling in the framework of completion of work bearish Wolfe wave model, the cancellation option will update the local maximum region.


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